Terms & Conditions for Copper Cathodes Deliveries

Scope of Services

We offer high-quality Copper Cathodes sourced directly from the Democratic Republic of the Congo (DRC) and Zambia. Our services include managing logistics and insurance under CIP (Carriage and Insurance Paid) terms, ensuring efficient and secure delivery to your designated location. Copper procurement relies on structured trade and commodity financing, which requires pre-financing production. This ensures timely access to large quantities of stock and adherence to industry-standard practices.

Product Specifications

• Product: Copper Cathode (Non-LME Registered)
• Grade: A Grade, 99.99% purity
• Origin: Democratic Republic of the Congo (DRC) or Zambia
• Minimum Order Quantity: 250 Metric Tons
• Maximum Order Quantity: 3,500 Metric Tons per annum. Customized arrangements for increased production can be negotiated upon request.
• Dimensions: 914mm x 914mm x 12mm
• Weight per Sheet: 125 kg (+/- 1%)
• Net Weight per Pallet: 2 metric tons (+/- 1%)
• Minimum Weight per Container: 20 metric tons
• Gross Weight per Container: 22.20 metric tons

Engagement Procedure

1. Submission of Purchase Request Submit a completed order form detailing the required specifications and volumes. A non-refundable administrative fee of $2,000 USD is required to initiate the transaction process. This fee ensures the integrity of our process by prioritizing serious inquiries. The $2,000 USD fee will be fully deducted from the final proforma invoice for qualified buyers.
2. Issuance of Proforma Invoice A proforma invoice will be issued, reflecting the prevailing market conditions and tailored to your order parameters.
3. Acceptance and Deposit Remittance Confirm the proforma invoice terms and remit the stipulated deposit aligned with the agreed tiered pricing structure to secure the allocation of supply.
4. Standby Letter of Credit (SLOC) Establishment Establish an irrevocable Standby Letter of Credit (SLOC) covering the full contract value within 30 calendar days of invoice issuance, ensuring compliance with the stipulated payment terms.
5. Fulfillment and Delivery Execution Upon financial compliance, logistics and shipment will be executed per the contractual terms, ensuring regulatory and operational conformity throughout the supply chain.

Production Process

We take pride in offering high-quality Copper Cathodes sourced directly from the Democratic Republic of the Congo (DRC) and Zambia, ensuring you receive a reliable and premium-grade product tailored to your business needs. Below, we outline the journey of copper cathodes from raw material to finished product, emphasizing our commitment to quality and secure delivery.

Copper Cathode Manufacturing

Copper cathodes are produced through a meticulous process to achieve the highest level of purity (99.99% grade). The production involves the following key stages:

1. Mining and Crushing Copper production begins with the extraction of sulfide or oxide ores from mines in the DRC and Zambia. These ores are crushed into smaller pieces to facilitate further processing.
2. Grinding and Concentrating The crushed ore is ground into a fine powder and then processed to concentrate the copper content. This results in a slurry containing around 15% copper, with waste materials (slag) removed.
3. Leaching and Smelting
4. Leaching (Oxide Ores): Weak acid solutions dissolve copper oxides to produce copper sulfate.
5. Smelting (Sulfide Ores): Copper is melted and purified in stages, resulting in blister copper (~99% pure).
6. Electrolytic Refining Copper undergoes further purification through an electrolytic process, where copper ions are transferred to starter sheets, building up into cathodes of 99.99% purity. Precious metals like gold and silver may also be recovered during this process.
7. Cathode Production The final product, high-purity copper cathodes, is shaped into sheets of uniform size and weight, ready for transportation and use in various industries.

Key Applications of Copper Cathodes

Copper cathodes serve as the foundation for numerous industrial applications, including:

• Copper Rods: Essential for wire and cable manufacturing.
• Brass and Copper Tubes: Used in construction, plumbing, and mechanical systems.
• Copper Sheets: Utilized in roofing, electrical components, and industrial equipment.
• Alloy Products: Found in over 450 alloys, enhancing the durability and performance of various materials.

Shipment, Storage, and Handling

Copper cathodes are shipped under CIP (Carriage and Insurance Paid) terms, ensuring secure and efficient delivery to your designated location. Bundled in stacks of 1-4 tonnes and secured with steel straps, we prioritize the safe handling of cathodes to maintain their quality.

Care is taken to prevent contamination or damage during transit:

• Packaging: Cathodes are shipped unpackaged but tightly bundled to ensure stability.
• Weight Integrity: Surface irregularities or minor handling impacts may affect the weight slightly; however, we adhere to strict quality control to minimize discrepancies.
• Storage Precautions: Proper care is taken to prevent contamination from other cargo during transit, maintaining the cathodes’ purity.

Terms & Conditions

• Delivery Terms All shipments are made under CIP (Carriage and Insurance Paid) terms in compliance with Incoterms 2020.
• Payment Terms Payments can be made via T/T (Telegraphic Transfer) or Standby Letter of Credit (SLOC).
• Delivery Time Orders will be delivered within 90 days of confirming the financial instrument.
• Pricing The cost price is set at 8% below the three-month closing price on the London Metal Exchange (LME) on the day preceding the issuance of the invoice.
• Minimum and Maximum Quantities
• Minimum order quantity: 250 Metric Tons
• Maximum order quantity: 3,500 Metric Tons per annum
• Order Modifications Any modifications to the order must be requested in writing and are subject to approval based on feasibility and market conditions.
• Non-Refundable Administrative Fee The $2,000 USD administrative fee is non-refundable but will be deducted from the final proforma invoice for qualified buyers.
• Force Majeure We are not liable for delays or failures in delivery caused by events beyond our reasonable control, including but not limited to natural disasters, government actions, or logistical disruptions.