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Spanish Copper Cathode Deal Finalized

Updated: Dec 9, 2021

Today we signed and finalized a copper cathode deal to Spain. We will be exporting copper cathodes from the DRC through the port of Dar El Salaam in Tanzania. The deal will start with a trial order of 5,000MT, if the trial is successful the trial will automatically rollover into a 12 month contract for the same amount. The deal will be executed at LME -20% on DLC payment terms. Both parties are now in the process of executing the order. Further updates will be reported.

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