- 7%-40% greater revenue by eliminating intermediaries.
- Find counterparts globally who will also benefit from the unique elements in your concentrate to increase the revenue for both parties.
- 10%-20% lower cost of concentrates for smelters by excluding intermediaries and buying directly from producers.
- Cost savings through streamlined logistics and reporting.
- Improvements in execution accuracy.
- Effective internal monitoring through KYC tools in order to meet regulatory obligations, manage reputational risk, and mitigate possible fraud.
CONTROL TRADE EXECUTION
- Full control at every step of the trade execution life cycle.
- Electronic document tracking and exchange.
- Real-time communication with counterparties.
Do not leave your profit to intermediaries. With Open Mineral, you could sell your concentrates to smelters directly, without a middleman.
Manage your offers efficiently, negotiate the best commercial terms, increase transparency and have full control of every step of the trade.
- Track your metal concentrate contract executions right on the platform.
Requesting offers directly from suppliers globally eliminates unnecessary middlemen expenses and retain the extra profit for both concentrate producers and smelters.
- Efficiency and ease of your concentrate purchase and execution management to receive the concentrate in a timely manner.
- You are in full control. You track the entire process real-time on the Open Mineral platform.
- Offers for services related to trade execution such as Shipping, Insurance, Financing, Surveying and Assaying could be compared and selected right on the platform, reducing time.
- As a result, the concentrate trade operation team has more time for non-standard situations as well as commercial and logistical planning.
SERVICE AND FINANCING PROVIDERS
- Open Mineral Contract Execution Module sends the details of the agreement and requests for quotations to the selected service companies. As a service provider, you can submit your quotation with just a few clicks.
- Open Mineral cloud-based solution allows you to upload the data directly onto the platform so both sides could access it immediately, making information available where it is needed.
- Increase your profit by accessing significantly larger universe of mines and smelters than possible with individual contacts.
- Improve your concentrate trading, operational transparency, and data management.
- Decrease the cost by streamlining logistics. Open Mineral provides seamless and efficient solutions to utilize your limited resources more efficiently.