Product               : Copper Cathodes, Grade A
Purity                  : 99.99 % minimum
Quality standard : ASTM B115 or EN 1978
Quantity              : 10,000 MT per month × 12 months (with option for extension and quantity increase)
Delivery terms    : FOB Dar es Salaam, Tanzania (CIF possible upon request)
Price                   : LME –7 % fixed (final net price to the buyer, no further deductions)
Payment terms   : Irrevocable, confirmed and transferable Letter of Credit (DLC at sight, MT700), payable 100 % upon presentation of shipping documents
Inspection           : by SGS, Alex Stewart or Bureau Veritas at seller’s expense at the load port Dar es Salaam
Delivery time      : by mutual agreement