Description
High-Grade 99.97% Purity Electrolyte Copper Cathode:
With our team of Miners and Suppliers in Copper, we explore, blast, mine, supply, and export High-Grade 99.97% Purity Electrolyte Copper Cathode. Our ideology basically is ‘Alliance with Local and International Bodies’ which was inspired to provide value-added services in the minerals Markets. Whether you want to purchase High-Grade 99.97% Purity Electrolyte Copper Cathode locally or have it shipped to any port around the world, our world-class team is built to help you close fast, safe, and profitable transactions on time, every time!
Product Specifications:
COMMODITY | Electrolytic copper cathodes-A (Non L.M.E. registered) |
PURITY | 99.97% Minimum to 99.99% Maximum |
ORIGIN | Democratic Republic of Congo (D.R.C) Africa/ Dar es Salaam Tanzania/ Durban South Africa/ Ndola Zambia |
PACKING | Palletized, steel/aluminum bands |
SIZE | 914mm x 914mm x 12mm. |
NET WEIGHT/SHEET | 125 KG (+/- 1%) |
PRICE | LME -17% Discount Negotiable |
PAYMENT: | 100% Irrevocable and Confirmed LC / SBLC, with Options of 2% performance Bond |
PACKING | IN ALUMINIUM BUNDLES OF 2.5 MT |
DELIVERY TERMS | CIF ASWP |
QUANTITY | 20,000 MT monthly for 12 months with rolls and extensions |
CURRENT LOCATION | Dar es salaam Port Tanzania or Ndola Zambia or Durban South Africa |
INSPECTION | To be done by Alfred H Knight or Alex Stewart International or their equivalent at the Buyer’s expenses. |
CHEMICAL COMPOSITION
ELEMENTS | VALUE | ELEMENTS | VALUE | ||||
COPPER (min %) | 99.97% | SILICA (Si) | 0.3 PPM | ||||
IRON (Fe) | 2 PPM | COBALT (Co) | 0.2 | ||||
SULPHUR (S) | 4 PPM | ARSENIC (As) | < 0.1 | ||||
OXYGEN (O2) | Nil | BISMUTH (Bi) | 0.1 | ||||
SILVER (Ag) | 10 PPM | MANGANESE (Mn) | < 0.1 | ||||
LEAD (Pb) | 0.2 PPM | TELURIUM (Te) | < 0.05 | ||||
NICKEL (Ni) | 0.2 PPM | ALUMINIUM (Al) | 0.5 | ||||
SELENIUM (Se) | 0.3 PPM | MAGNESIUM (Mg) | 0.4 | ||||
ANTIMONY (Sb) | 0.1 PPM | PHOSPORUS (P) | 0 | ||||
ZINC (Zn) | 0 | CHROMIUM (Cr) | 0 | ||||
TIN (Sn) | 0 | CADMIUM (Cd) | 0 | ||||
ZIRCONIUM | 0 |
Inspection at the ports by SGS / CCIC / Eyeview / Bureau Veritas / Alfred H. Knight / Alex Steward
Copper:
Copper is an important component in many modern technologies and is used in capacitors for everything from computers to mobile phones to electrical appliances. Despite its importance in the world today, copper mining takes place in very few countries. Our presence has been felt by the unconditional commitments we have covered and hence bringing us new business opportunities.
BUSINESS/TRANSACTION PROCEDURE NON NEGOTIABLE
- The Buyer sends the LOI/ICPO
- Seller Mandate Issue FCO which once agreed
- Buyer should send immediately Company Certificate of Incorporation, CIS and Passport of Authorized Signatory and signed the FCO
- The Seller issues Draft Sales and Purchase Agreement (SPA) with Company Certificate of Incorporation and Registration Documents, CIS and Passport of Authorized Signatory for Buyer review and signature.
- The Seller & Buyer signs the Sale Purchase Agreement (SPA) Electronically executed copies of the contract are legal and acceptable.
- Seller will be responsible to secure facilitating documentation/contract registration.
- After signing the SPA, the Seller provides Proof of Product (POP).
- Buyer issues an Irrevocable Letter of Credit or SBLC in favour of Seller/Sellers nominated Financial Partners under this Agreement
- Upon receipt of Buyer’s Irrevocable and Confirmed LC / SBLC, Seller’s Financier issues a 2% performance bond in favour or the buyer.
- Seller makes Shipment to Buyers Destination Port and sends Proforma Invoice for 20,000MT (+-5%) based on Quality and Quantity Inspection Report at Destination Port.
- The Buyer makes the payment through Telegraphic Transfer (TT) (SWIFT MT103) within 3 bank working days as per Proforma Invoice to the Seller or their nominated Financial Partners.
- On successful completion of Trail Shipment, the Buyer will open Irrevocable, non-divisible, Revolving, Transferable Documentary Letter of Credit (IDLC) or Standby Letter of Credit (SBLC) for the monthly shipment of 5,000MT.
- Both the Banks of the Seller and Buyer shall agree upon the final Text of the IDLC/SBLC
- All communication between the Bank of the Seller and Buyer will only be via Tested SWIFT only.
CONTRACT DURATION
The agreement is for 24 monthly deliveries as provided for herein and it is agreed with possible extensions and rolls, without constituting a motif of breakage of validity.
TERMS OF PAYMENT
For the duration of the agreement, payments for the cathodes shall be done by way of a (SWIFT MT103) shall be paid against certified copies of the following documents:
- Holding Certificate/Safe Keeping Receipt issued by the nominated Shipping Agent at the port.
- Commercial Invoices (3 originals and 3 copies)
- Shipping Documents
- Bill of Lading
- Commercial Invoice
- Quality Certificate
- Phytosanitary Certificate
- Packing List (per shipment where Applicable)
- Export License
- Certificate of Origin
- Reports of QUALITY /QUANTITY analysis issued by SGS or equivalent inspection company at from the Democratic Republic of Congo; and
- Quality and Quantity certificate issued by the Buyer’s appointed inspection company in duplicate (1 original and 1 copy) showing it meets the quality and its chemical compositions and standards of the Product; and showing the quantity of the Product verified.
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