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Zinc and lead concentrate

Zinc and lead concentrates in clean and complex grades from verified mines, for smelters and traders.

Zinc concentrateTypically 45% to 55% Zn
ShipmentBulk vessels, or bagged in containers
DeliveryFOB, CIF, CFR
InspectionIndependent, at loading

Zinc and lead concentrate: typical specification

Indicative
Zinc concentrate
Typically 45% to 55% Zn
Lead concentrate
Typically 50% to 70% Pb, with silver payable
Penalty elements
Limits on iron, silica, cadmium, mercury and others
Moisture
Typically 8% to 10%
Shipment
Bulk vessels, or bagged in containers
Pricing basis
Payable metal at exchange prices, less treatment charges

Typical specification for reference. Payable content is settled on the final assay at the discharge or load port, as set out in the contract.

Delivery terms

FOBBuyer arranges the vessel and takes title at the load port.
CIFSeller arranges freight and insurance to the buyer discharge port.
CFRSeller arranges freight to the discharge port. The buyer insures the cargo.

Documents supplied

Certificate of assayCertificate of weight and moistureCertificate of originTransportable moisture limit certificate for bulk cargoesBill of lading

Inspected at loading. Paid against documents.

Independent inspection by SGS, Bureau Veritas, Intertek or an equivalent accredited surveyor, with payment by documentary letter of credit.

About zinc and lead concentrate

Zinc and lead are often mined together and separated at the mill into a zinc concentrate and a lead concentrate. Lead concentrate frequently carries valuable silver.

Clean concentrates are low in penalty elements. Complex concentrates contain more impurities and suit smelters set up to handle them.

Frequently asked questions

What makes a concentrate clean or complex?

The level of penalty elements. A clean concentrate can go to most smelters; a complex one needs a smelter that can treat its impurities, and usually earns a lower price.

Is silver paid in lead concentrate?

Usually, above an agreed minimum content, at a payable percentage set in the contract.

How is payment usually made?

By documentary letter of credit from a bank acceptable to the seller, with payment against shipping documents and the inspection certificate.

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