Copper Cathode (99.99%)

CIF Any Port - INCOTERMS 2020

Revision 2.04 – 2022.04.20

Minimum Purity: 99.99%

CIF Any port

Origin: ON REQUEST

Port of loading: ON REQUEST

Price: ON REQUEST

MOQ: 500MT/monthly

PROCESS

  1. Inmost Investment Group (“IIG”) sends Soft Corporate Offer (SCO) and document package for the procedure including the Agent Agreement, Letter Of Intent (LOI) and NCNDA.

  2. Buyer returns LOI, Company Profile, Bank Comfort Letter (BCL) and signed NCNDA and Agent Agreement.

  3. IIG provides Full Corporate Offer (FCO) and the Seller’s Details for the Buyer to verify.

  4. Buyer returns an Irrevocable Company Purchase Order (ICPO).

  5. IIG presents the Seller’s Draft SPA open for amendment; Buyer review and sign mutually accepted contract and return to Seller within 5 working days.

  6. At the same time, Seller and Buyer confirms and signs Irrevocable Master Fee Protection Agreement (IMFPA) with all parties involved.

  7. After signing the SPA both Buyer and Seller, VIDEO of the Goods with visible name of the Buyer and newspaper with date will be presented. Visitation of site at request.

  8. The Buyer issues Draft of a 100% STANDBY LETTER OF CREDIT SBLC MT760 IRREVOCABLE, OPERATIONAL, AT SIGHT, CONFIRMED, covering the value of the delivery.

  9. Once the Seller’s Bank accepts the Draft SBLC the Seller’s bank sends the Performance Bond (PB) message of 2% to the Buyer’s bank withthe provision that the Performance Bond will be activated once the SBLC is operative.

  10. Seller will nominate Vessel within 2 working days from ETA for loading.

  11. Buyer’s Bank activates the SBLC MT760.

  12. Seller’s Bank activates the Performance Bond.

  13. Seller take full responsibility such as TAX, INSURANCE, TRANSPORTATION etc. to deliver the Goods to Buyer’s Port.

  14. At Destination the inspection should completed within 5 working days.

  15. After successful inspection and presentation of all shipping documents, the payment according to the commercial invoice is executed immediately by MT103 within 2 working days.

  16. Shipping documents is presented within 3 working days from date of Bill of Landing. Third Party documents are acceptable.

  17. The Buyer pays the buy side intermediaries involved in the transaction within 24 hours after confirmation of the funds being cleared.

  18. Subsequently monthly shipment continues as per terms and conditions of the sales and purchase agreement contract between Buyer and Seller.

   
Elements   		    
Value   		    
Elements   		    
Value   
   
Copper (min %age)   		    
99.9%   		    
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   		    
   

OTHER SPECIFICATION:

  • Length (approx.): 925mm

  • Width (approx.): 950mm

  • Thickness (approx.): Not Less Than 17mm

  • Weight (approx.): 125Kgs (Minimum100Kgs)

  • Min.-purity: 99.99%

  • Weight of each sheet: 125kgs+/-2%

  • Packing: palletized banded by aluminum bands

  • Net weight of each pallet: 2M/T+/-2%

  • Min. weight of each container: 20M/T approx.

PROOF OF PRODUCT

Quality Certificate

Video from factory recorded 2022.09.08

PRODUCT SPECIFICATION

Request Soft Corporate Offer

To request Soft Corporate Offer and the document package for this product, please submit the application form.

For questions, verification or clarification please contact ej@inmostinvest.com
(+971) 52 7401010