// COMMANDER
CLAUDE
> Mission received
> Complexity: MEDIUM
> Strategy: DYNAMIC SPAWN
> Agents dispatched: 7
> Complexity: MEDIUM
> Strategy: DYNAMIC SPAWN
> Agents dispatched: 7
// DYNAMIC FLEET
7 / ∞
SOURCING
285 mines · Peru cluster
—
PRICING
NSR · TC/RC · penalties
—
ARBITRAGE
Spread scan 163 smelters
—
GEOPOLITICAL
Grok/X · sanctions · routes
—
RISK / QUANT
VaR · Monte Carlo · hedge
—
LOGISTICS
35 ports · freight optimize
—
EXECUTOR
Term sheet · synth · proposal
—
> Fleet size is dynamic.
> Simple case: 3 agents.
> Portfolio sweep: 50+ agents.
> Global stress test: 200+ parallel.
> Each agent can spawn sub-agents.
> Simple case: 3 agents.
> Portfolio sweep: 50+ agents.
> Global stress test: 200+ parallel.
> Each agent can spawn sub-agents.
> OPERATION INPUT
Producer
Cerro Verde
Origin
Peru
Metal
Cu
Grade
25.0%
Volume
10,000 TMH
Impurities: As 0.15% · Sb 0.02% · Bi 0.01% · Hg 0.001%
Precious: Ag 8.2 oz/t · Au 0.32 g/t
Moisture: 8.5%
Port: Callao
NSR / DMT
$1,847
Net Smelter Return
> core/nsr.py · LME 2026-Q2
Total Value
$17.6M
9,150 DMT after moisture
> volume × NSR × payable
Best Counterparty
Jiangxi
CN · Guixi Complex
> scanner.py · rank 1/163
Engine Latency
1.18s
Full pipeline
> 583 entities evaluated
// AGENT_01 · SOURCING
> Cross-referenced 285 mines against Peru geology database.
> Matched producer profile: Cerro Verde Mining (Freeport-McMoRan / Buenaventura).
> Historical production: 455,000 tpa Cu · concentrate grade band: 24-26%.
> Typical shipment cadence: 3-4 weekly lots @ 8-12K TMH.
> Loading port: Matarani (primary) · Callao (secondary).
> Matched producer profile: Cerro Verde Mining (Freeport-McMoRan / Buenaventura).
> Historical production: 455,000 tpa Cu · concentrate grade band: 24-26%.
> Typical shipment cadence: 3-4 weekly lots @ 8-12K TMH.
> Loading port: Matarani (primary) · Callao (secondary).
SOURCES > data/mines.json:mine_002 · USGS 2026 minerals yearbook · SGS Peru production report Q1
// AGENT_02 · PRICING
Cu payable (96.5%)+$2,242
Ag credits (8.2 oz)+$182
Au credits (0.32 g)+$48
TC ($82/DMT)-$82
RC ($0.082/lb)-$453
Penalty As (0.15%)-$24
Freight CFR Shanghai-$66
NSR / DMT$1,847
> LIVE PRICING
Cu $9,320/t
Zn $2,815/t
Au $2,451/oz
Ag $28.40/oz
SRC: metals-api · LME
SOURCES > core/nsr.py · core/penalties.py:Jiangxi_profile · core/tcrc.py:Q2_2026 · core/prices.py:LME
// AGENT_03 · ARBITRAGE
> Evaluated 163 smelters globally against spec profile.
> 52 compatible · 91 rejected (As limit, grade floor, capacity saturation) · 20 ranked.
> Optimal corridor: Peru → China (56% of top 10 ranked destinations).
> 52 compatible · 91 rejected (As limit, grade floor, capacity saturation) · 20 ranked.
> Optimal corridor: Peru → China (56% of top 10 ranked destinations).
| # | Smelter | Country | NSR/DMT | Δ vs avg | Fit |
|---|---|---|---|---|---|
| 01 | Jiangxi Guixi | CN | $1,870 | +$46 | EXCELLENT |
| 02 | Saganoseki | JP | $1,852 | +$28 | EXCELLENT |
| 03 | Aurubis Hamburg | DE | $1,842 | +$18 | EXCELLENT |
| 04 | Toyo Niihama | JP | $1,839 | +$15 | GOOD |
| 05 | Glencore Pasar | PH | $1,825 | +$1 | GOOD |
SOURCES > core/scanner.py · data/smelters.json (185 records) · core/matcher.py · TC/RC 2026 benchmark
// AGENT_04 · GEOPOLITICAL
Route Risk
LOW · 32
Peru → China. Stable corridor. No active sanctions. Pacific shipping bypasses Suez/Red Sea.
Origin (Peru)
STABLE
Mining code stable. Las Bambas corridor operational. Royalty 3%. Community risk monitored.
Destination (China)
MONITOR
Stimulus +15bps announced (bull). Strategic stockpiling active. Tariff exposure: low for concentrates.
> Live X/Grok feed (last 6h):
> Codelco union negotiation Q3 deadline — strike probability elevated (+$180/t potential)
> China PBoC stimulus package +15bps — bullish near-term
> DRC cobalt export quota revised — peripheral impact (Co-Cu correlation 0.45)
> Codelco union negotiation Q3 deadline — strike probability elevated (+$180/t potential)
> China PBoC stimulus package +15bps — bullish near-term
> DRC cobalt export quota revised — peripheral impact (Co-Cu correlation 0.45)
SOURCES > core/geopolitical.py:peru,china · core/llm.py:call_grok() · X/Twitter live feed · Reuters
// AGENT_05 · RISK / QUANT
VaR 95% (1-day)
-$352K
Monte Carlo · 5,000 sims · GBM
CVaR 99%
-$487K
Tail loss expectation
Regime (HMM 4-state)
EARLY BULL
P(bull→crisis) = 0.08
OU Mean Reversion
68d half-life
θ=0.0102 · μ=$9,450
> Recommended hedge: SHORT 274 LME Cu lots @ 3M forward $9,571/t
> Coverage: 70% of physical exposure · Margin locked: $14.2M floor
> Black-Scholes put: strike $9,200 · premium 2.5% · $220K total
> Coverage: 70% of physical exposure · Margin locked: $14.2M floor
> Black-Scholes put: strike $9,200 · premium 2.5% · $220K total
SOURCES > core/quants.py:monte_carlo_var · core/advanced_quants.py:ornstein_uhlenbeck · core/lme.py:hedge_strategy
// AGENT_06 · LOGISTICS
> Evaluated 12 candidate routes (3 origin ports × 4 destination ports).
> Optimal: Callao → Shanghai (Supramax vessel · 28 days transit).
> Total freight cost: $87/WMT all-in.
> Optimal: Callao → Shanghai (Supramax vessel · 28 days transit).
> Total freight cost: $87/WMT all-in.
Ocean
$45/WMT
Inland
$28/WMT
Insurance
$9/WMT
Port/Handling
$5/WMT
> Transit: 28 days · Vessel: Supramax 50K DWT
> Corridors bypassed: Suez (Houthi risk) · Panama (drought restrictions eased but fees high)
> Carbon footprint: 2.4 tCO2 / WMT · IMO 2025 compliant
> Corridors bypassed: Suez (Houthi risk) · Panama (drought restrictions eased but fees high)
> Carbon footprint: 2.4 tCO2 / WMT · IMO 2025 compliant
SOURCES > core/logistics.py:35_ports · freight matrix Q2 2026 · IMO emissions database
// AGENT_07 · EXECUTOR
> FINAL BRIEFING // OPERATOR RECOMMENDATION
Execute: Jiangxi Copper (Guixi Complex)
Optimal counterparty identified. NSR $1,870/DMT delivers +$46 above mean of 163 smelters and +$20 above Saganoseki (rank 2). Total deal value $17.6M — expected broker commission (2%) $352K.
Contract structure: Annual offtake agreement with M+1 quotational period (seller advantage in current backwardation). Provisional 90/10 payment against B/L. L/C issued by BoC, confirmed by Citi. Delivery CFR Shanghai 28 days transit.
Hedge mandate: Execute 274 LME Cu lots short @ 3M forward $9,571/t — covers 70% of physical exposure. Net margin locked: $14.2M floor.
Action window: 72 hours. Codelco strike probability climbing (Grok intel) — Cu spot may rise $180/t next week. Execute now to lock structure.
Contract structure: Annual offtake agreement with M+1 quotational period (seller advantage in current backwardation). Provisional 90/10 payment against B/L. L/C issued by BoC, confirmed by Citi. Delivery CFR Shanghai 28 days transit.
Hedge mandate: Execute 274 LME Cu lots short @ 3M forward $9,571/t — covers 70% of physical exposure. Net margin locked: $14.2M floor.
Action window: 72 hours. Codelco strike probability climbing (Grok intel) — Cu spot may rise $180/t next week. Execute now to lock structure.
▸ Generate Term Sheet
▸ Send Proposal Jiangxi
▸ Execute Hedge
▸ Track in Pipeline
▸ Export Briefing PDF
// INTEL FEED
LIVE
> LME LIVE
Cu $9,320/t · +1.24%
SRC: metals-api
Zn $2,815/t · +0.82%
Pb $2,098/t · -0.35%
Au $2,451/oz · +0.47%
> GEOPOLITICAL 4
Codelco union negotiation Q3 deadline approaching
SRC: Grok/X · 12m ago
China stimulus package +15bps announced
SRC: Grok/X · 1h ago
DRC cobalt export quota revised downward
SRC: Reuters · 3h ago
Panama Canal drought restrictions eased
SRC: ACP · 6h ago
> ENGINE OPS 24
scanner.scan_opportunities() · 31,350 pairs / 53ms
nsr.calculate_nsr() · 1.8ms
scenario_matrix() · 3,780 runs / 24ms
geopolitical.assess_route() · 0.3ms