UC-359
Concentrate Assay & Offtake Settlement
Reads assay exchanges, moisture notes and offtake terms, prices payable metal per shipment, and flags where an umpire is worth calling.
TBDBuild Duration
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The Challenge
Provisional invoices settle on the buyer's assay because nobody re-checks the splits, and penalty elements quietly erode realised price. Assay data, contract terms and shipping papers sit in three places.
How It Works
- Reads shipper and buyer assay certificates, moisture and weight notes and the offtake contract.
- Prices payable metal, treatment and refining charges and penalty elements per contract terms.
- Tells the concentrate marketer before the umpire deadline which splits are worth challenging.
What It Removes
- Manual assay split comparison per shipment
- Spreadsheet payable metal and penalty workings
- Hunting contract terms at final invoice time
Input Data RequirementsShipper and buyer assay certificates, umpire results, moisture and weight notes, bills of lading, offtake contracts, quotational price curves
Output FormatPer-shipment settlement sheet with payable metal, charges and penalties, a ranked umpire-call list, and a running realised-versus-contract price gap
“We take the buyer's assay because by the time we have checked it the umpire window has closed”