COPPER CATHODE 99.99%

SPECIFICATIONS 

PRODUCT: Copper Cathode (Eloctrolytic Grade A)  

Min. Cu-purity: 99.99% 

Size: 914mm x 914mm x 12 mm (approx 36 x 36 x 0.5) 

Weight of each sheet: 125 Kgs (approx) 

Packing: palletized banded by aluminum bands 

net weight of each pallet: 2 M/T (approx) 

ELEMENTS                     VALUE              ELEMENTS                      VALUE 

COPPER (min %age)      99.99%              SILICA (Si/ppm)               0.3(0.003%) 

IRON (Fe/ppm)                2(0,002%)         COBALT (Co/ppm)            0.2(0.0002%) 

SULPHUR (S/ppm)          4(0.004%)         SILICA (Si/ppm)                0.3(0.003%)    

OXYGEN (O2/ppm)          Nil                    ARSENIC (As/ppm)          0.1(0.0001%) 

ARGENT (Ag/ppm)          10(0.001%)        BISMUTH (Bi/ppm)           0.1(0.0001% 

LEAD (Pb/ppm)               0.2(0.0002%)     MANGANESE (Mn/ppm)   0.1(0.0001%) 

NICKEL (Ni/ppm)             0.2(0.0002%)     ALUMINIUM (Al/ppm)        0.5(0.0005%) 

SELENIUM (Se/ppm)       0.3(0.0003%)     MAGNESIUM (Mg/ppm)    0.4(0.0004%) 

ANTIMONY (Sb/ppm)      0.1(0.0001)        Total PPM(%, m/m)          9.55(0.00955%)

Country of Origin:     Zambia &/or DRC Congo 

Loading Port:           Dar Es Salaam, Tanzania 

Destination Port:      Buyer’s choice 

Packing:                   1mt per stocking wrapped in plastic, sea worthy 

Delivery date:          Immediately upon the DLC being accepted by the Seller’s bank 

Shipment Mode:      In 20 feet container carrying a minimum of 20mts 

Inspection:               By SGS at the Seller’s cost (see shipping documents) 

A little bit of History and the multiple use of copper 

Copper has played a significant part in the history of mankind, which has used the easily accessible uncompounded metal for nearly 10,000 years. Civilizations in places like Iraq, China, Egypt, Greece and the Sumarian cities all have early evidence of using copper, and Britain and the United States also have extensive histories of copper use and mining. During the Roman Empire, copper was principally mined on Cyprus, hence the origin of the name of the metal as Cyprium, "metal of Cyprus", later shortened to Cuprum. A number of countries, such as Chile and the United States, still have sizeable reserves of the metal which are extracted through large open mines. Nevertheless, the price of copper rose rapidly—quintupling from a 60-year low in 1999—largely due to increased demand. As of mid-2006, the price has stabilized 

Copper is an internationally traded commodity, and its price is effectively determined by the major metals exchanges— the London Metal Exchange (LME), the New York Commodity Exchange (COMEX) and the Shanghai Futures Exchange (SHFE). Prices on these exchanges generally reflect the worldwide balance of copper supply and demand but are also influenced significantly, from time to time, by speculative actions and currency exchange rates. 

Copper’s physical attributes include superior electrical conductivity, corrosion resistance, structural capability, efficient heat transfer and aesthetics. Other materials that compete with copper include aluminium, plastics, stainless steel and fiber optics. Despite recent higher prices, substitution of competing materials has been modest because it is difficult to duplicate copper’s unique characteristics. 

Copper consumption is closely associated with industrial production and therefore tends to follow economic cycles. During an expansion, demand for copper tends to increase, thereby driving up the price. As a result, copper prices are volatile and cyclical.