
Business Nature
Supplier
No. Employees
51 - 100 People
Year Established
2021
Country/Region
Dar es Salaam, Tanzania
Main Products
Copper Cathodes, Copper Scrap, Metal Scrap, Used Rails
Payment Terms
Letter of Credit (L/C), Bank wire (T/T)
About Ex Nihilo
Ex Nihilo is the co-seller for copper cathodes, copper scrap, copper ore, metal scrap and used rails from Congo Drc, Zambia, Tanzania and South Africa. For copper cathodes (cu purity 99.99% to 99.97% min), we accept a minimum trial order of 200MT and subsequent monthly orders from 200MT to10, 000 MT per month for a 12 months renewable contract. Our terms are safe. Upon signing of the SPA, we can deliver the product as per the LME Fob price to an internationally recognised bonded warehouse such as Bollore in Zambia or Congo Drc as well as Impala in Congo Drc. We can also deliver to a port of discharge in Dar es Salaam Tanzania or Durban South Africa. We can also deliver on CIF price to buyer's port of destination. Delivery can be arranged within 21 days after signing of the SPA. At this stage, buyer will appoint his own asseyer such as Alex Stewart to verify the product. Once the trial order is delivered and approved by Bollore or Impala bonded warehouse, buyer must make payment by SWIFT MT 103 or TT within 72 hours for the transfer of ownership from seller to buyer. Alternatively buyer can issue dlc to the seller which covers the trial order and subsequent monthly orders. However, seller's financier must accept the bank issuing the dlc for the business to be done. Our commission structure as stipulated in the SPA is very clear. We offer 3% of the order value for both buyer and seller sides. This means 1.5% buyer side and 1.5% seller side. Both sides must sign IMFPA (IRREVOCABLE MASTER FEE PROTECTION AGREEMENT) For more details please contact us or send us your requirement by email through *******@*****.com or WhatsApp through +255 754 557037.
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