| Refining
Charge: |
|
$0.34
per Troy Ounce received + 2% of received Troy Ounces OR $50.00
Minimum |
| Metal
Accountability: |
|
98% of Refined
Troy Ounces |
| Settlement
Time: |
|
45 days from
receipt |
| Silver
Spot Price: |
|
Comex Market
Price on day of refining |
| Shipping
Address: |
|
USI
Refining Service
c/o 5 Commerce Drive
Aston, PA 19014 |
EXAMPLE: (Based
on $12.00/T.O. Silver Price)
You have 320 unrefined T.O. of Flake
320 T.O. x 34¢ = $108.80 Refining Charge +
{(320 T.O. x $12.00=$3840.00) x 2% = $76.80 Refining Charge}
$108.80 + $76.80 = $185.60 Total Refining Charge
300 Refined T.O. (assuming it yields 94% pure) x 98% = 294 T.O.
(294 T.O. x $12.00) - $185.60 Total Refining Charge = $3,342.40 Net Return
SHIPPING
INSTRUCTIONS:
Please drain
and dry flake completely. If flake is
not drained and any liquid is present, it could be considered hazardous
waste. You may ship items for
refining using the carrier of your choice. USI suggests that you
insure the shipment based on your estimated value, which can be
calculated using weights. Please include a packing
slip with the
shipment containing the following information: Company Name, address,
contact person with phone number, the type of units being sent
with their serial numbers, and the shipping tracking number. Please
FAX a copy of the packing slip to 1-262-334-6222.
USI recommends
that your operation/location complies with all local, state and
federal laws governing the shipping, refining, and disposal of
Recyclable Materials and Hazardous Waste. |