MERCHANDISE SPECIFICATIONS:
Merchandise: Copper Cathode
Fineness: 99,5%
Assay: The material will be evaluated by the BUYER, upon delivery, by a person qualified to do
so, certifying the content of 99,5 % +,/ - either at the International Departure port Terminal chosen
by the SELLER. The appraisal report will be accepted by both BUYER and SELLER. If
everything is in agreement, the material will be considered DELIVERED, by signing the respective
Packing List and the payment will be RELEASED.
Delivery: CIF
Origin: East Africa
Packaging: International standard pacquing metals.
Contracted Quantity: Start with 20.000 tons, monthly increase of 10.000 tons until the required 50.000 tons are
met contract duration 36 months CIF - ASWP
Contract Period: Up to 36 months.
Shipment: 1 month 20.000 tons, from the 2nd month, 30.000 tons, 3rd month, 40.000 tons, 4th
month, 50.000 tons, from the 5th month, 50.000 tons are sent, until the end of the contract the for 36
months - CIF.
NOTE1: The Mining Company does not charge for transportation the Cooper Cathod to the
Departure Port chosen by the Seller, as this cost is already part of the metal's sales value.
Price: LME (-) 17% ( Net to the buyer.) of the Cooper Cathod value in the LME - CIF
History:
Clean, clear, free of charge and without criminal origin.
Payment: Through SBLC/ MT760/ MT799 / MT103/202 or similar Code Based on the final Assay
report at Departure Port, against BL ...The Buyer used an MT-103 Wire Transfer inmediately.. MT
103 or similar.
Deliver to: International destiny port ASWP
CLOSING PROCEDURES:
Buyer send LOI full And RWA. To Mr. Manuel Garc­a Asin ( Commercial manager)
Buyer send a ICPO in aceptance of the SCO ( ofert)
Seller send the SPA.
Outline of the issuance of Seller SPA (open for amendment) within 48 hours after receiving the
approval of this supplier, with request of the Buyer on the total amount of required. Buyer signs and
seals SPA and returns to seller. Both parties must present a copy of the SPA with the respective
banks. At 3 (three) business days, the Buyer's Bank shall submit a SWIFT SBLC /MT760 or
MT103/202 or similar Code to the Seller's Bank for the first 5,000 ton. to 10,000 tons. per month,
for 36 months - CIF. Up on receipt and confirmation of the Buyer's SBLC/ MT760 or MT103/202 or
similar code, the Seller's Bank will be confirmed by the Buyer's