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Gold for refining

  • Sweden Sweden  
  • Last Updated:
    Posted on: 02 Nov 2024

Buyer Information

RFQ Details

I am representing a Swedish corporation called Scandinavian Commerce Group and together with Skandinavisk Metallformedlin (a prominent European company in the metal business) I have plans on initiating business in Africa.

The core in our operation is recycling of material containing gold particles with the help of a special refining process. With a chemical process we produce pure gold from scrap or cinder. Using this electrolytic treatment of the material, a purity of 999, 9 is reached, which is the international standard for fine gold.

With our equipment from only one facility we are able to refine three metric tonnes or 3000kgs every year.

We are therefore interested in buying 40kg (give or take 5kg) of gold every week. We are willing to pay LME minus thirty-five percent (- 35%) for the refined (fine gold 999, 9), DDP. Free Sweden.

The payment will be made after refining process is done, using SWIFT, which usually takes three banking days from payment until the money is on the sellers account. To assure the sellers security, our bank will guarantee payment according to contract we will have with the selling company. We will issue the BG according to the ICC (International Chamber of Commerce) standards.

From experience we prefer to work with banks, and bank guarantees, rather then paying cash. This is a matter or convenience as well as security for both seller and buyer. We can issue a bank guarantee in almost any bank in the world, of your choice.


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