Baku, Azerbaijan, Sept. 5
By Fatih Karimov– Trend:
The National Iranian Copper Industries Company (NICICO) intends to hold an international tender to buy grade A copper cathode and copper blister.
Grade A Copper Cathode:
Quantity: 10,000 metric tons(MT) +/- 2% in seller’s option
Quality: Fresh produced LME registered Electrolytic Copper cathode grade A (SXEW excluded).
Physical & Chemical Specs plus cargo photos: Shall be advised by seller in the tender offer.
Shipment: In bulk in lot sizes of 5,000 metric tons +/- 2% in seller’s option or in partial shipment at least in lot sizes of 2000 metric tons +/- 2% (seller’s option).
The exact time of shipment shall be agreed upon by buyer and seller at the time of contract settlement.
Delivery: CFR Bandar Abbas, located in southern Iran
Price: The price per metric ton of the material shall be based on the official LME cash settlement price for Copper Grade 'A' in USD as published in the London Metal Bulletin, price fixed during the quotational period.
Copper Blister:
Quantity: 7,000 MT +/- 5% (seller’s option)
Quality: Copper blister with minimum Cu assay of 98% and with least Ag and Au assay.
Silver & Gold analysis range shall be advised in a limited range close to the real analysis of the commodity.
Copper blister without Ag & Au content is preferable.
Physical & Chemical Specs plus cargo photos: Shall be advised by seller in the tender offer.
Shipment: In bulk in lot size of 7,000 MT +/-5% in seller’s option or in partial shipment at least in lot sizes of 2,000 MT +/- 5% (seller’s option).
The exact time of shipment shall be agreed upon by buyer & seller at the time of contract settlement.
Delivery: CFR Bandar Abbas, Iran.
Price:
- Copper : Full final copper content subject to a deduction of 0.5 unit shall be paid at the official LME cash settlement price for copper grade ‘A’ in USD as published in the London Metal Bulletin, price fixed during the quotational period.
- Silver: If the silver content as per final assay is less than or equal to 40 grams/dmt, then no payment shall be made. If final silver content is greater than 40 grams/dmt, the final silver content above 40 (forty) grams/dmt will be settled less 40 (forty) grams/dmt and paid for at the London spot quotation for silver as published in the London Metal Bulletin, averaged over the quotational period.
- Gold: If the gold content as per final assay is less than or equal to one gram/dmt, then no payment shall be made. If final Au content is greater than 1 gram/dmt, the final gold content above one gram/dmt will be settled less one gram/DMT and paid for the balance at the mean of the London am/pm gold quotations as published in the London metal bulletin, averaged over the quotational period.
Offers must be presented to NICICO Sales Dept. only through email to [email protected] no later than Sept. 8, 2017.
Important Note: The offers shall be definitely sent through company email addresses and the personal ones through which the offers are to be sent by participants such as gmail, yahoo, hotmail or any other personal or general email addresses are not accepted at all.
NICICO reserves the right to purchase part or whole quantity of above mentioned material from one or several potential sellers. In case your offer is accepted by NICICO, it will be advised to you via Email.
For further information please call +98 21-82138231 or visit the website: http://www.nicico.com/