Important Disclosure. For mining houses, traders, and accredited investors. Not a public offer. Local restrictions may apply. Prepared by FG Capital Advisors, August 2025.
Structured Trade Finance for African Copper Concentrate
Smelters demand on-time deliveries, miners need cash yesterday, and banks throttle credit lines the moment grades fluctuate or rail corridors back up. Copper concentrate deals across Zambia, the DRC, and Namibia routinely stall over LC delays, pre-export funding gaps, or warehouse bottlenecks—costing producers offtake premiums and traders backwardation windfalls. FG Capital Advisors removes those choke points with swift underwriting, disciplined collateral controls, and a lender network ready to deploy up to USD 250 million per ticket. Indicative terms land in days; funds hit suppliers and logistics providers inside a single sailing window.
1. Funding Pain Points We Fix
- Six-week bank KYC cycles while trucks queue at Kasumbalesa border.
- LC confirmation costs eroding already thin TC/RC margins.
- Cargo stuck in bonded depots awaiting assay discrepancies to clear.
- Concentration risk caps that force multi-source blending and working-capital drag.
2. Funding Structures at Your Disposal
| Instrument | Advance Rate | Security Package | Tenor | Use-Case |
|---|---|---|---|---|
| Pre-Export Finance (PXF) | Up to 85 % FOB value | Offtake contract pledge, cargo insurance, assignment of export proceeds | 90–180 days | Fund mine-gate to port |
| Warehouse Receipt Loan | Up to 80 % LME-adjusted value | Bonded-warehouse CMA, title documents | 45–120 days | Release cash while awaiting assay or vessel |
| Import LC Refinance | Up to 100 % LC face value | Confirmed LC + marine cargo policy | 30–90 days | Bridge supplier payment to buyer settlement |
| Receivables Discounting | Up to 90 % invoice value | Assignment of proceeds, credit insurance if required | 30–60 days | Monetise post-shipment invoices |
3. Underwriting & Distribution Process
- Data room in 48 hours. Mine production schedules, grade certificates, logistics contracts, and offtake MOUs uploaded to a secure portal.
- Indicative term sheet in 72 hours. Pricing grid tied to LME, advance rates indexed to moisture & penalty elements.
- Credit sign-off within 10 business days. On-site stock counts and third-party assay reconciliation precede funding.
- Distribution desk. Senior tranche placed with commodity trade-finance funds; mezzanine billets allotted to family offices hungry for floating-rate yield.
- Ongoing surveillance. Monthly draw recalibration and vessel tracking through AIS and port-call data.
4. Lender Network & Forward-Flow Capacity
Eight trade-finance funds, three regional African banks, and two European ABCP conduits provide USD 1.2 billion in aggregate forward-flow commitments dedicated to base-metal concentrates. Pricing starts at SOFR + 350 bp for senior risk in Zambia and tightens to SOFR + 275 bp on Namibia-origin cargos. Overflow can syndicate via our trade-finance note programme, keeping headroom intact for repeat draws.
5. Transaction & Team Credentials
- Closed USD 1.8 billion in copper concentrate PXF since 2021.
- Ex-Glencore and Trafigura metal marketers on staff—real-time TC/RC insight.
- CFA, CAIA, and LLM-qualified professionals covering credit, structuring, and collateral law.
- Boot-on-the-ground inspectors across Durban, Walvis Bay, and Dar es Salaam.
6. Why FG Capital Advisors
- Speed with discipline. Indicative terms in days, funds within weeks—without loosening collateral standards.
- End-to-end execution. Underwriting, legal documentation, collateral management, and distribution handled in-house.
- Transparent economics. Success-based arrangement fees, no retainer surprises.
- Repeat capacity. Rolling facilities that scale with production ramps and offtake expansions.
Producers and traders rely on FG Capital Advisors when timing and certainty beat headline pricing. Let’s move your concentrate, not just talk about it.
