How It Works
A ten-stage transaction protocol
Every transaction follows a documented sequence. Nothing advances until the preceding stage is satisfied.
- 01
Buyer Enquiry
The buyer submits commodity, specification, quantity, destination and intended structure.
- 02
KYC / AML
Counterparty identity, corporate documents, beneficial ownership and sanctions screening are reviewed.
- 03
Product & Specification Confirmation
Form, grade, assay basis, packaging and tolerance are confirmed against actual availability.
- 04
Commercial Offer
A written offer sets out specification, quantity, pricing basis, validity and delivery basis.
- 05
Contract
The executed agreement establishes the binding terms for that specific transaction.
- 06
Inspection / Assay
Independent inspection and assay are performed at the points agreed in the contract.
- 07
Export Documentation
Export, origin and customs documentation is prepared in line with the requirements of the country of export.
- 08
Logistics & Insurance
Secure transport and insurance are arranged according to the agreed Incoterm and responsibilities.
- 09
Delivery
Material is delivered to the agreed destination, port, refinery or facility.
- 10
Final Settlement
Final weights, assays and reconciliation are settled as defined in the contract.
Terms are set by contract, not by this website
Exact commercial terms, pricing basis, payment structure, Incoterms, insurance responsibility, inspection protocol and delivery arrangements are established in the applicable offer and executed contract for each transaction. Any indication given before contract is non-binding.