Nonferrous

Terms & Conditions

Nonferrous Terms

1. Delivery of more or less of the specified quantity up to 3 percent is permissible.
2. A ton shall be understood to be 2,000 pounds, unless otherwise specified.
3. If any portion of the goods covered by a contract are unshipped or undelivered within the time specified in a contract, then that portion is subject to cancellation by the buyer and/or the buyer has the right to hold the seller responsible for substantiated damages.If, because of embargo and/or other conditions of force majeure, a delivery or shipment cannot be made by the time specified, the contract shall remain valid and shall be completed promptly upon lifting of the embargo and/or conditions of force majeure and the terms of said contract shall not be changed.
4. If for any portion of a contract the buyer fails in a timely manner to open a Letter of Credit and/or fails to provide proper conveyance and/or shipping instructions as specified in the contract, then that portion is subject to cancellation by the seller and/or the seller has the right to hold the buyer responsible for substantiated damages.If, because of embargo and/or other conditions of force majeure, a delivery or shipment cannot be made by the time specified, the contract shall remain valid and shall be completed promptly upon lifting of the embargo and/or conditions of force majeure and the terms of said contract shall not be changed.
5. If a significant weight or quality difference is apparent, the seller should be notified promptly and, if requested, another weight or quality determination should be taken. Seller and/or buyer should be given the opportunity to appoint an independent surveyor or a representative to verify weights and/or quality.For purposes of this section, the meaning of the word “significant” shall be determined by agreement between buyer and seller, depending on the commodities and their values.
6. If it is mutually determined that goods delivered do not conform to the description specified in the contract, then the shipment is subject to rejection or downgrade.Disposition of, replacement of, and/or financial adjustment for rejected material shall be subjected to mutual agreement between buyer and seller. Seller is responsible for freight costs.Buyer is expected, however, to exert every effort to limit rejections only to that portion of the shipment which is unsortable and to return the rejected portion promptly upon request, if government regulations permit.

Identification Checklist for Precious Metals

Due to the high values and the constantly changing character of precious metal scrap, it is often the practice in the industry to require a sample to be submitted before giving refining schedules.

I. Scrap Sources

REFINED SILVER METAL — 99.9 MIN. PERCENT

Silver-bearing materials:

Anodes Assemblies—
Electrical Batteries
Silver/Copper Plated
Silver/Cadmium
Silver/Zinc Silver/Magnesium
Blanking Scrap—Punchings
Brazing Alloys Brushes—
Electric Motors Bullion
Chemical Salts
Clad Bi-Metal Parts
Coin Silver
Contacts
Dental Amalgam
Films
Industrial X-Ray
Medical X-Ray
Lithographic
Photographic Negatives
Filters—Plating
Flake—From Hypo Solution
Recovery Systems
Hooks—Plating—Nodules
Jewelry Sweeps Paints—
Paste Paper–
Reproduction Plated
Parts—Electrical—
Electronic
Plated Serving Pieces
Plated Utensils
Plated Wire
Powders—Granulated
Punchouts Relays—
Electrical Resins
Silver Lined Bearings—Diesel
Locomotives and Aircraft
Sludges—Plating and Precipitates
Solutions—Plating
Sterling Silver
Tin Lead Alloys—Contaminated
Turnings
Wave Guides
Wiping Rags

REFINED GOLD METAL — 99.5 MIN. PERCENT REFINED GOLD SPONGE — 99.5 MIN. PERCENT

Gold-bearing materials:

Brazing Alloys
Clad Metal Parts
Contacts
Dental Alloys
Dental Scrap
Dental Sweeps and Grindings
Diodes
Filled Scrap
Filters–Plating
Flakes
Flashings
Foil Hooks—Plating—
NodulesJewelry Scrap
Jewelry Sweeps and
Grindings
Paints and Paste
Peelings
Placer Gold
Plated Parts—Electrical
Plated Wire
Powders
Printed Circuit Boards
Printed Circuit Boards with
Components
Punchouts
Resins—Plating
Salts—Chemical
Sludges—Plating
Solutions
Sponge
Tin Lead Alloys—
Contaminated
Transistors
Wiping Rags
Wire

REFINED PALLADIUM METAL—99.9 MIN. PERCENT REFINED PALLADIUM SPONGE— 99.9 MIN.

Palladium-bearing materials:

Catalysts
Chemical Salts
Clad Materials
Contact Points
Dental Alloys
Dental Scraps
Dental Sweeps
Jewelry Scrap (Sweeps)
Paste
Plated Parts
Powders
Relays—Electrical
Sludges
Solutions
Wire

REFINED PLATINUM METAL—99.9 MIN. PERCENT REFINED PLATINUM SPONGE— 99.9 MIN. PERCENT

Platinum-bearing materials:

Catalysts
Chemicals
Clad Materials
Contacts
Dental Alloys
Dental Scrap
Dental Sweeps, Grindings
Jewelry Scrap
Jewelry Sweeps
Laboratory Ware
Magneto Points
Powders and Paste
Solutions—Plating
Spark Plugs—Aircraft
Thermocouple Wire
Scrap containing combinations of precious metals
(gold, silver, platinum and
palladium): Assemblies—
Components Bullion
Carbon
Catalysts
Chemicals
Chips
Drillings
Electronic Scrap
High Temperature Resistant
Alloys
Paints
Paste
Powders
Relays—Electrical
Resins
Ribbons
Rings
Salts
Solutions
Sweeps
Telephone Switching Scrap
Thick Film
Wire

II. SCRAP CATEGORIES

A. Solution
1. Acid
2. Basic
3. Matrix if known
B. Resin
C. Sludges
D. Burnable Material
1. Carbon
2. Filters
3. Film
4. Papers
5. Unprepared Sweeps
6. Others
E. Sweeps (Prepared)
F. Printed Circuit Board
1. Punch Outs
2. Non Assembled
3. Assembled
G. Glass to Metal Tubes,
etc.
1. Solid Precious Metal
Parts
2. Alloyed Metal Parts
3. Plated Metal Parts
4. Ceramics
5. Thick Film
6. Other...
H. Metal Scrap
I. Non-Magnetic
1. Impure Gold
2. Impure Silver
3. Copper Base
4. Aluminum Base
5. Brass Base
6. Bronze Base
7. Molybdenum Base
8. Beryllium Base
9. Lead Base
10. Tin Base
11. Other....
II. Magnetic
1. Kovar Base
2. Stainless Steel Base
3. Iron Base
4. Nickel Base
5. Other....
I. Catalyst
1. Carbon
2. Alumina
3. Rare Earth
4. Silica
5. Other