Copper Cathode & Cobalt Concentrate Supplier
Commodity Specifications:
- Copper Cathode:
- Grade: A
- Purity: 99.99%
- Size: Standard sheets (914mm x 914mm x 12mm)
- Packaging: Bundles of approximately 2 metric tons, strapped with aluminum bands
- Cobalt Concentrate:
- Cobalt (Co) Content: Minimum 20%
- Form: Powder or granular form
- Packaging: 1 metric ton bags, securely sealed for maritime transport
Supply Terms:
- Delivery Terms: CIF/FOB to Lobito, Dar Es Salaam, or Durban ports.
- Delivery Time: 6-8 months from the date of contract signing.
- Quantities:Copper Cathode: Minimum 1,000 metric tons per month.
- Cobalt Concentrate: Minimum 500 metric tons per month.
- Pricing: Market price plus a slight premium to cover quality assurance and premium service. The specific premium will be determined at the time of the quote request and included in the final proposal.
- Payment: Via Standby Letter of Credit (SBLC) opened in Financely Group's behalf, pre-financing the production.
Closing Procedure:
I. Quote Request: Buyers interested in purchasing copper cathode or cobalt concentrate should submit a quote request through the Financely Group website, indicating the commodity of interest, desired quantity, delivery terms (CIF/FOB), and preferred port of delivery.
II. Term Sheet Issuance: Financely Group will issue a detailed term sheet to the buyer, including the final premium over the market price, based on the current market conditions and the specifics of the request.
III. Contract Negotiation and Signing: Upon acceptance of the term sheet, both parties will negotiate and sign a Sales and Purchase Agreement (SPA), which will include all terms of the transaction.
IV. Opening of SBLC: The buyer is required to open a Standby Letter of Credit in favor of Financely Group to pre-finance the production of the ordered commodity.
V. Production and Delivery Schedule: Once the SBLC is confirmed, production will commence according to the agreed schedule, with delivery expected within 6-8 months.
Required Documentation for CIF/FOB Delivery:
- Commercial Invoice
- Bill of Lading
- Certificate of Origin
- Quality and Quantity Inspection Certificates
- Packing List
VI. Completion of Transaction: Upon successful delivery and verification of the commodity at the destination port, the SBLC will be executed, and the transaction concluded.
Financely Group is committed to providing high-quality metals to our global clients with transparency, efficiency, and reliability.
For further information or to initiate a purchase, please
request a quote through our website, specifying your requirements.
Financely offers specialized trade finance and project finance advisory services to businesses and governments around the world, without operating as a securities broker/dealer. For detailed information about what we do, please consider booking a consultation with us.
Our website has all the necessary details about our services. If you're interested in working with us or have more questions, you're welcome to request a formal quote or set up a consultation.
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Financely Inc. is a corporate finance consulting firm wholly owned by Aurora Bay Trust, a Bahamas established Trust or its relevant authorised affiliates. Our advisory business is carried out through Financely Group LLC. We do not operate as a securities broker/dealer. Please read our terms of service to determine if working with Financely Group is appropriate for you. Pursuant to the Dodd-Frank Act, we operate as an exempt
foreign private adviser in the United States.