i. COMMODITY: COPPER CATHODES 99.99% ii.Origin: DRC. iii.Packing: CUSTOMER SPECIFICATIONS. iv.Destination: CIF ASWP v.Delivery: In 30-45days the first & the rest every 30 days after Receipt of Payment Instrument to the Sellers bank vi.Important: No Past Performance Proof will be provided. NO Provide 2% PB UPFRONT. Inspection by SGS at loading port. AQSIQ is available through Bank to Bank ONLY. Payment: 100% CONFIRMEDIREVOCABLE, TRANSFERABLE, UNRESTRICTED, UNCONDITIONAL, ASSIGNABLE LETTER OF CREDIT/BG/MT760/799 Fully Cash Backed.Bank to bank Swift Transmission. Note: Issued by Buyer after Signing of Draft Contract/proforma Invoice and Shall Mature in Sellers Bank Within 10 Days as we Load Within 10 daysto Sight for your inspection and Shipment. No LC will be accepted at Sight. Only after Signing of Contract. No PB will be issued by Seller. Until Buyer ISSUE 100% LC before we load and Buyer inspects for Shipment. vii.Procedures : 1.Seller Representative issue SCO 2.Buyer issues ICPO & NCNDA(if any) 3.Seller issues FCO. 4.Buyer signs & seals FCO and returns to seller 5.Seller sends Draft contract typical to agreed FCO terms. 6.Buyer signs & seals and return the contract. 7.Seller Sends Proforma Invoice for Payments 8.Seller confirms LC Payment Draft. 9.Shipment commences as Schedule. Specifications: GRADE A, Cu 99.99%, NO REGISTERED LME. SPECIFICATIONS: Copper Cathodes: Cu 99.99% Purity. Electrolytic Grade A: Shape - Rectangular Leaves, Size - 914mm x 914mm. Thickness: 12mm approx. Commodity Product: Copper Cathodes (electrolytic grade A) min. cu-purity: 99.99% premier degree DIMENSTION: 914mm x 914mm x 12mm (LME Standard) WEIGHT OF EACH SHEET: 125kgs ( /- 1%) NET WEIGHT OF EACH PALLET: 2MTS ( /- 1%) MIN. WEIGHT IN EACH CONTAINER: 20MTS approx. GROSS WEIGHT OF EACH. 22.20MTS approximately. MINIMUM QUANTITY TO PURCHASE 10.000 METRIC TONS MONTHLY. QUANTITY CONTRACT BULK 10000 MT Monthly12 Months USD 3,000 Per Ton
Copper Cathodes
Cathodes Copper Sheets, Grade A, No Registered LME Specifications: Copper Cathodes: Cu 99.99% Purity. Electrolytic Grade A: Shape - Rectangular Leaves, Size - 914mm x 914mm. Thickness: 12mm aprox. Commodity Product: Copper Cathodes (electrolytic grade A) min. cu-purity: 99.99% premier degree DIMENSTION: 914mm x 914mm x 12mm (LME Standard) WEIGHT OF EACH SHEET: 125kgs (+/- 1%) NET WEIGHT OF EACH PALLET: 2MTS (+/- 1%) MIN. WEIGHT IN EACH CONTAINER: 20MTS approx. GROSS WEIGHT OF EACH CONTAINER: 22.20MTS approximately. PACKING: PALLETIZED BANDED BY ALUMINIUM BANDS The commodity shall be corresponding as per inspection certificate issued by SGS at port of loading/ warehouse, conforming to the following international standards and specifications below: CHEMICAL COMPOSITION COPPER (CU): Elements Value Elements Value Copper (min %age) 99.99% Silica (si/ppm) 0.3 Iron (fe/ppm) 2 Cobalt (co/ppm) 0.2 Sulphur (s/ppm) 4 Arsenic (as/ppm) 0.1 Oxygen (o2/ppm) nil Bismuth (bi/ppm) 0.1 Argent (ag/ppm) 10 Manganese (mn/ppm) 0.1 Lead (pb/ppm) 0.2 Teleurium (te/ppm) 0.05 Nickel (ni/ppm) 0.2 Aluminium (al/ppm) 0.5 Selenium (se/ppm) 0.3 Magnesium (mg/ppm) 0.4 Antimony (sb/ppm) 0.1 TELLURIUM 0.05 ORIGIN: DR.Congo QUANTITY: 51000 X 12 Months Contract DURATION OF THE CONTRACT: 12 Months Expandable up on mutual agreement by both parties. DELIVERY: Shipment 21/30 days after the Seller Financier receive the 100% Fully Funded, Irrevocable Operative, Transferable Assignable, Unconditionally, DLC MT 700 from the Buyer Bank. DELIVERY: ASWP PRICE: USD $4,800.00 per MT, CIF TERMS AND CONDITIONS: Seller send draft contract to Buyer to fill in signed and resend to Seller in PDF file. Buyer issues 100% Cash Backed, Irrevocable, Confirmed, Transferable, Unconditionally, DLC MT700 within five (5) days after the contract is signed by both parties. Seller Financier issue 2% Performance Bond (PB) to Buyer within Three (3) days after getting the DLC MT700 from Buyers Bank for 100% Cash Backed, Irrevocable, Confirmed,Transferable,Unconditionally DLC MT700. Payment method shall be via MT103 or T/T to Seller within 7 working days after receipt of 100% quality specification satisfactory Q & Q inspection report certificate at destination port by both Buyer and Seller. This procedure is performed for shipment until the completion of this contract. INSPECTION: Certificate of Quality and Quantity to be issued by SGS or equivalent at loading port with the expense of the Seller. Pre-shipment Inspection (PSI) Model by SGS or similar, at Buyer expense
1.1. Commodity : CU Copper cathode plates 1.2. Delivery Terms : 5,000 Tons per Month for 12 months Revolving Contract 1.3. Origins : Democratic Republic of Congo for further CIF deliveries 1.4. Form : Copper Plates 1.5. Quality : CU 99.96-99.99% purity (as per Certificate of Analysis at origin) 1.6. Price : 20% less LME 1.7. Payment : By SWIFT based upon the final Assay Report via MT-103 Wire Transfer. 1.8. Payment Guarantee : Confirmed Standby Letter of Credit (SBLC), via Swift MT-760, valid for One Year and One Month Revolving Monthly 1.9. Validity of SBLC : One Year and One Month 1.10. Packaging : On pallets 1.11. Delivery : By Boat/Air/Rail 1.12. DOCUMENTS a) Commercial Invoice notarised at chamber of commerce of shipping country b) Packing list c) Certificate of origin d) Certificate of Ownership e) Export Certificate (Export Permit) f) Declaration that the goods is free and clear of encumbrance and of none criminal origin and source . 1.13. Certificate of Assay from ...................... 2. PROCEDURE 2.1. Buyer and Seller sign the Sales and Purchase Agreement (SPA), where delivery protocol is delineated. Each page must be initialed. 2.2. Seller after signing contract, shall forward all copies of company incorporation certificates including POP (verifiable proof of product,) to Buyer. 2.3. Buyer’s Bank issues a RWA via MT799/199 to issue the SBLC via SWIFT MT760 to Seller Financial Bank. The SBLC will be for one year and one day. 2.4. After receipt and authentication of the RWA, Seller Financial Bank confirms via MT199/799 readiness to receive the SBLC via SWIFT MT 760. 2.5. Buyer Bank issue the SBLC via SWIFT MT 760 to the Seller Financial Bank. 2.6. After authentication and confirmation of the SBLC, Seller Financial Bank issue operative Performance Bond of 2% to the Buyer Bank. 2.7. Within 10 (Ten) banking Days, Seller notifies the Buyer of the first delivery with all export documents. 2.8. Upon final assay at Buyer Destination Warehouse , in under 24 / 48(twenty four / forty eight) banking hours, Buyer transfers payment to Seller’s bank account. 2.9.Upon confirmation of payments, Seller releases ownership to Buyer and the Warehouse releases the Copper Cathode Plates to Buyer.
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