Contained is not payable.
Read the commercial definitions before using the result.
ExploreDECISION LAB
A simplified concentrate-value exercise using your assumptions. It is not a current quote, contract interpretation or trading tool.
LOCAL BROWSER MODEL · ILLUSTRATIVE DEFAULTS · NO LIVE DATA OR SYSTEM CONNECTION
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Dry mass = wet mass × (1 − moisture). Contained Cu = dry mass × assay. Payable Cu = contained Cu × payability. Gross value = payable Cu × assumed USD/t price.
Treatment = dry mass × USD/dmt charge. Refining = payable tonnes × 2,204.62262185 lb/t × US cents/lb / 100. Freight = dry mass × entered USD/dmt. Modeled value = gross − treatment − refining − freight. Negative charges act as credits.
All percentages are fractions in calculations. Defaults are arithmetic examples, not reported market terms. Actual contracts may use minimum deductions, pricing periods, penalties, by-product credits and assay settlement rules. The result excludes those items and is not net profit.