Notice. This page is informational and general in nature. Any transaction remains subject to counterparty acceptability, KYC and AML, sanctions screening, diligence, documentation, cargo insurance, and third-party approvals. Obtain independent legal advice for contracts and enforceability.
Copper Cathodes CIF Busan
A-grade copper cathodes sourced from the Democratic Republic of the Congo (DRC) and Zambia, delivered on CIF terms to Busan, Republic of Korea.
Engagement is structured around a defined proforma invoice sequence, deposit confirmation, and verification of bank instruments prior to shipment workstreams.
Request A QuoteMandate Scope
- Coordinate counterparty readiness, documentary sequencing, and contractual execution for CIF Busan shipments.
- Issue and align the proforma invoice to agreed commercial and documentary requirements.
- Verify authenticity and acceptability of LC/SBLC instruments prior to execution steps being triggered.
- Coordinate shipment planning and documentary set consistency for discharge in Busan.
- Maintain a controlled approval cadence suitable for institutional trading desks.
Execution remains subject to contract, compliance clearance, and third-party approvals.
Trading Parameters
- Incoterms: CIF Busan, Republic of Korea.
- Origin: DRC or Zambia.
- Grade: A Grade, 99.99% purity.
- Form: Copper cathode, non-LME registered.
- MOQ: 250 MT.
- Availability: up to 3,500 MT per annum (subject to scheduling and allocation).
- Delivery: within 90 days post financial confirmation.
Product Specifications
| Specification | Details |
|---|---|
| Product | Copper Cathode (Non-LME Registered) |
| Grade | A Grade, 99.99% Purity |
| Origin | Democratic Republic of the Congo (DRC) or Zambia |
| Dimensions | 914mm x 914mm x 12mm |
| Minimum Order Quantity | 250 Metric Tons |
| Maximum Annual Quantity | 3,500 Metric Tons |
| Delivery Time | Within 90 Days Post Financial Confirmation |
| Commercial Basis | LME-referenced with premium/discount per lot, schedule, and documentary terms (finalized on the proforma invoice) |
| Documentary Set | Defined in the proforma invoice and sale contract, calibrated to bank instrument terms and import clearance requirements. |
Documentary Framework
Terms are set in the proforma invoice and formal contract documentation, with documentary requirements calibrated to execution sequencing.
- PI discipline: structured terms, timeline, and documentary requirements.
- Instrument verification: LC/SBLC authenticity and acceptability checks.
- Compliance clearance: KYC/AML and sanctions screening.
- Shipping coordination: discharge planning to Busan aligned to routing.
- Exception control: defined handling for documentary variances and operational changes.
Engagement Procedure
| Step | Sequence | Commercial Output |
|---|---|---|
| 1. Order Form Submission | Submit the official order form. Administrative processing fee: $2,000. Order Form / RFQ |
Validated intake, scope confirmation, and PI drafting basis. |
| 2. Proforma Invoice Issuance | Within two business days, a proforma invoice is issued reflecting commercial terms and documentary requirements. | PI suitable for internal approvals and banking review. |
| 3. PI Approval And Deposit | Buyer approves the PI and remits a deposit of $150,000 to $500,000, per tiered pricing. | Order confirmation and execution window opening. |
| 4. LC/SBLC Establishment | Within 30 calendar days, establish an irrevocable SLOC/SBLC or DLC covering full contract value, per PI terms. | Financial confirmation enabling shipment workstreams. |
| 5. Verification And Compliance | Instrument verification and compliance review completed. Additional documentation may be requested to close open items. | Clearance to proceed with logistics and documentary execution. |
| 6. Logistics And Shipment | Shipment is coordinated on CIF basis to Busan, with cargo insurance consistent with CIF requirements. | Shipment mobilization and documentary set issuance per contract. |
FAQ
Do you accommodate desk-specific documentary requirements?
Yes. Requirements can be incorporated into the PI and contract documentation where consistent with execution practicality and counterparty acceptance.
Can this be expanded into a programmatic relationship?
Yes, subject to performance, scheduling, and counterparty approvals. The standard path is an initial lot followed by an agreed cadence.
Submit the CIF Busan order form to receive a proforma invoice and execution sequence aligned to institutional trading workflows.
Request A QuoteDisclosure. This content is for informational purposes and does not constitute legal, tax, accounting, or financial advice. FG Capital Advisors is not a bank or lender. Any support is provided on a best-efforts basis and remains subject to third-party approvals, diligence, compliance checks, and documentation.
