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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
True Ore Mines and Mineral ( Zambia) Limited
MANSA

Contract Number:
SAFAL/P/MANGANESE ORE/03/2026/57

Supplier's Ref/Order No:
SAFAL/P/MANGANESE ORE/03/2026/57

Dispatch Through:
Buyer's hired trucks

Dated:
19 Mar 2026

Mode/Terms of Payment:
100% Payment after receiving the quantity and upon testing at our lab.

Destination:
SAFAL PLANT KANONA

Delivery Period:
Immediate

Other Reference(s):

Terms of Delivery

Ex Mansa

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

Specifications: Mn 44% min, Fe 5% max, SiO2: 8% max, Phos: 0.15% max
Size: 10-100mm
19 Mar 2026 300 82 MT 24,600.00
VAT 16% 16 % 3,936.00
Total 300 USD 28,536.00

E & O.E

Amount Chargable (in words)
US Dollar Twenty-eight Thousand Five Hundred Thirty-six

Remarks:
Material to be supplied as per PO Specs. If Mn <44% prorata price shall be applicable. Price is inclusive of MRT and exclusive of VAT. Prices would be as below: Mn 42% : $75pmt, Mn 44% : $82pmt, Mn 46%: $95pmt and Mn +48% : $105pmt Ex Mansa

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Authorised Signature