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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
KARLSONS CO LIMITED
P.O.BOX 21264, KITWE, ZAMBIA | EMAIL : info@karlsonsltd.com

Contract Number:
SAFAL/P/MN ORE/03.15/2020

Supplier's Ref/Order No:
SAFAL/P/MN ORE/03.15/2020

Dispatch Through:
Buyer hired trucks

Dated:
04 Mar 2020

Mode/Terms of Payment:
Payment weekly basis against delivered material upon testing at SAFAL lab

Destination:
Kanona plant

Delivery Period:
March 2020

Other Reference(s):
Final weight as per weighbridge of SAFAL.

Terms of Delivery

Ex Mine loaded on trucks with documents - MRT INCLUSIVE

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

Specifications: Mn : 42-44%, Fe - 4%, Phos -0.16% Max, SiO2 - 12% Max
Size: 20-150MM (95% Min) 20-100MM Preferred
04 Mar 2020 2000 55 MT 110,000.00
VAT 16% 16 % 17,600.00
Total 2000 USD 127,600.00

E & O.E

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

Remarks:
Prorate price to apply if deviation is found against agreed grades. Supply to start immediate 3 trucks a day basis.

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Authorised Signature