Global commodities
ICS Fareast is strongly involved in commodities trading with clients in Africa, Asia and Latin America. We like to offer you our carefully sourced products from
partners with successful track records.
ics
Metals & Mining
Lead & Zinc Ore
Origin: Morocco Lead ore: Min. Pb 30% up to 60% Our partners mines can supply a monthly quantity of 200 to 500MT Zinc ore: Min. Zn 30% Monthly quantity supplied 200 to 500MT
Aluminum Ingot
Origin: China – Jordan We supply below grades: Aluminum Ingot 99.7% Aluminum Ingot A7 Aluminum Alloy Ingot A356 Aluminum Alloy Ingot ADC12 Weight: 20/25KG Chemical Composition: Al Al (Min): 99%-99.9% Appearance: Silvery White
Ilmenite Ore (TiO2)
Origin: Morocco TiO2 content: Min. 20% REE content: Min. 30% Monthly quantity supplied 120.000 MT
Copper Cathode
Origin: Mexico- Africa Cu. purity 99.97%-99.99% Non registred LME grade. Application: Copper cathode is the primer material to be processed for use in electrical equipment such as wiring and motors. It is the best conductor of heat and electricity, and can be drawn into wires. It also has uses in construction (for example roofing, plumbing), and industrial machinery (such as heat exchangers or motors).
Manganese Ore
Origin: Morocco – Zambia – South Africa Manganese ore: Min. Pb 25% up to 48% Monthly quantity supplied 5000 to 20.000 MT
Copper Oxide
Origin: Morocco Cu content: Min. 70% Monthly quantity supplied 2.000 MT
Zinc Ingot (99.99%-99.995%)
Origin: Turkey – China – USA Appearance: Silver white lustrous metal. It Can react with acids, soluble in alkaline solution Application: Mainly used for die-casting alloy battery industry. Zinc is ideal for a wide range of applications, and is particularly well suited to those that require corrosion resistance. In fact, much of the zinc produced in the United States is used for galvanization, an anti-corrosion process used to protect steel products. Zinc can also be used to make castings or small parts.
Standard Operation Procedure
Commodities transactions follow certain steps, below common ones:
STANDARD SOP
The buyer sends the LOI
The Seller issues an FCO.
The Buyer signs the FCO for acceptance and sends it back to the Seller.
The Buyer sends the ICPO and the BCL or an acceptable POF.
The Seller sends the SPA for buyer to sign and lodge with their respective banks.
The Seller sends the POP to the Buyer bank with the DLC verbiage (POP: BLs, SGS, Photos, Video), 2% PB
The DLC is opened by buyer’s bank. Production or delivery process starts.
The procedure can be updated, shall the payment be done under MT103 (T/T).
COMMISSION PAYMENT: All commissions shall be subject to a duly signed IMFPA.
ALL TRANSACTIONS START WITH A NCNDA.