Copper Cathodes (Cu)

RFQ Description

Dear Sirs We, TAURUS – LTD LLC. represented by Director Mr. Kramarenko Oleg confirm with full corporate responsibility are ready willing and able to transact and sell the commodity mentioned below with the International Standard Specifications, terms and conditions for witch sales and purchase will be on the International procedure conducted. PRODUCT: Commodity: Copper Cathodes (Cu) Origin: Democratic Republic of Congo Grade: Grade A (Electrolytic Copper) Standard: LME registered, MT Cathode-1 Purity: 99.99% minimum PHYSICAL SPECIFICATIONS: Dimension: 914mm x 914mm x 12mm Weight per sheet: 125 kg (+/- 1%) Net pallet weight: 2 MT (+/-1%) Minimum weight per container: 20 MT approx. Gross weight per container: 22.20 MT approx. CHEMICAL COMPOSITION (Max PPM unless stated otherwise): Copper (Cu): 99.99% min Cobalt (Co): 0.2 Lead (Pb): 0.2 Iron (Fe): 2 Aluminium (Al): 0.5 Manganese (Mn): [max not stated] Nickel (Ni): 0.2 Antimony (Sb): 0.1 Arsenic (As): 0.1 Silica (Si): 0.3 Bismuth (Bi): 0.1 Tellurium (Te): 0.05 Selenium (Se): 0.1 Sulfur (S): 4 Magnesium (Mg): 0.4 PACKAGING & SHIPPING: Export packaging: Palletized and banded with aluminum bands, loaded into 20ft containers Port of Loading: Africa, Dar es Salaam, Tanzania, Port of Discharging: Buyer’s destination safe port. Transit Time: 14 days to port QUANTITY & DURATION: Monthly Quantity: 10,000 MT Monthly Contract Duration: 12 or more - possible long-term contract Trial Shipment: 1,000 MT PRICE & PAYMENT: Price: 16% Gross less than LME per MT (GIF Buyer’s destination safe port.) Pricing Method: Average of LME one day before, on, and one day after vessel arrival Currency: USD Payment Terms: By SWIFT MT103/TT, PB 2 % SBLC/MT 760 (unconditional, non-transferable, revolving yearly), or DLC/MT700 covering one month’s shipment value from an AAA-rated bank PROCEDURES: 1. Buyer sends LOI to Seller 2. The Seller issues the SCO to the Buyer 3. Buyer confirms and sends the ICPO together with the BCL from his Commercial Bank 4. Buyer signs and returns Seller's Contract 5. Seller sends draft SPA 6. Buyer signs SPA and returns to Seller 7. Seller countersigns SPA and returns the final copy 8. 8. Buyer sends SWIFT 799 to seller's bank. 9. Seller's bank confirms availability of cargo (POP) after receiving SWIFT 799. 10. Buyer issues SBLC/MT 760 or DLC/MT 700 (unconditional, non-transferable, revolving, in the amount of one month shipment value) from AAA+ rated Bank 11. Seller issues PB 2% REQUIRED DOCUMENTS: 1. Certificate of Origin 2. SGS Certificate (quality, quantity, weight at port) 3. Bill of Lading (marked "prepaid") 4. Packing List 5. Commercial Invoice Looking forward to a fast reply! If you have any questions, feel free to contact us! Mr. Kramarenko Oleg -- Best regards, Manager of the commercial department of the group of companies office: fax: mob: mob: e-mail: