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Purchase Contract

Invoice To
Southern Africa Ferro Alloys Ltd.
Plot 397A/D, Makeni Area Road, Off Kafue Road, P.O Box 50854, Lusaka, Zambia

Dispatch To
Southern Africa Ferro Alloys Ltd.
Plot 397A/D, Makeni Area Road, Off Kafue Road, P.O Box 50854, Lusaka, Zambia

Supplier
DING CHENG INVESTMENT LTD
PLOT NO 197A,KASUPE ROAD,LUSAKA WEST ,LUSAKA

Contract Number:
SAFAL/P/MANGANESE ORE/02/2026/34

Supplier's Ref/Order No:
SAFAL/P/MANGANESE ORE/02/2026/34

Dispatch Through:
Seller's Hired trucks

Dated:
13 Feb 2026

Mode/Terms of Payment:
Within 3 days from the date of receipt and testing at our lab.

Destination:
SAFAL PLANT KANONA

Delivery Period:
By 15 March,2026

Other Reference(s):

Terms of Delivery

Ex Mines Loaded on trucks

Sr. No Description of Work Due Date Quantity Rate Unit Amount
1 Manganese Ore

Specifications: Mn 48% min , Fe: 5% max, SiO2: 8% max, Phos: 0.15% max, Al2O3: 5% max
Size: 10-100mm
13 Feb 2026 1000 110 MT 110,000.00
VAT 16% 16 % 17,600.00
Total 1000 USD 127,600.00

E & O.E

Amount Chargable (in words)
US Dollar One Hundred Twenty-seven Thousand Six Hundred

Remarks:
1. Supplier to supply material as per PO specs only. 2. The price is inclusive of Loading charges, weighment charges, council fee and Mineral clearance certificate(MCC) charges and exclusive of MRT and VAT. 3. The expenses towards council fee, mineral clearance at actuals to be reimbursed by supplier to buyer. 4. If Mn reported less than 47.50%, prorata price shall be applicable. 5. Quantity recorded at buyer's weighbridge shall be considered for billing.

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Authorised Signature