Metals & Critical Minerals Intermediary Guide

How to explain represented side, access, technical information, material control and protected disclosure in a metals opportunity.

In brief

An intermediary should identify the represented side, explain the route to the principal, state whether technical questions can reach the relevant party and distinguish confirmed material facts from forwarded claims. Protected identities may remain redacted at first contact. Submission does not create automatic protection or compensation.

1. State the exact intermediary role

Explain whether you are a direct representative, broker, introducer, consultant or another participant acting for a buyer, producer, owner, seller or trader. If you operate independently, the form allows “Independent intermediary” or “Sole trader” without requiring a fictional company.

The role should describe what you can actually do: introduce parties, coordinate technical questions, transmit a proposal or participate in negotiation. Avoid titles that imply authority not granted by the principal.

2. Explain directness and technical access

State how many participants stand between you and the party able to contract. For metals and minerals, it is especially important to know whether questions about grade, assay, origin, processing, location and sampling can reach the producer, owner or authorised seller.

A chain may still be workable when roles are transparent and communication functions. A chain that cannot obtain technical answers or maintain consistent terms is unlikely to support a transaction.

3. Distinguish ownership, custody and authority

A party may own material without storing it, store material without owning it, or have marketing authority without controlling release. State which relationship is claimed and what remains to be confirmed.

Warehouse receipts, assay reports, photographs and historical shipping documents should not be described as conclusive proof of title or present availability. Explain what each document is said to demonstrate.

4. Label every material fact by status

Separate facts confirmed directly by the principal from typical values, historical information, forwarded documents and unverified claims. Material form, grade, quantity, origin, current location and analysis status should not be presented as lot-specific unless that relationship is known.

This distinction allows REVDICO to ask proportionate questions instead of treating the entire proposition as either proven or unusable.

5. Prepare a redacted material brief

A useful first brief can identify represented side, exact material, form, technical range, approximate quantity, origin, current jurisdiction, destination, proposed delivery basis, analysis status and requested next step. The principal's name and protected contacts can remain undisclosed.

Confidentiality should not prevent a recipient from understanding the type of opportunity. Enough commercial and technical detail must be available to assess whether further disclosure has a purpose.

6. Control duplicate circulation

Ask whether the same lot, producer or buyer requirement has been circulated through other chains. Duplicate offers can appear with different prices, locations or claims of authority, creating risk for every participant.

If multiple sources present the same opportunity, REVDICO may seek clarification of timing, access and authority. A website submission does not reserve the material or establish priority over another source.

7. Agree protection and commission in context

Non-circumvention, introduction protection, representation and commission should relate to a specific opportunity and defined parties. The responsible payer, calculation basis, payment event and duration must be agreed in writing before compensation becomes applicable.

Where several intermediaries are involved, the proposed arrangement should not make the commercial structure unworkable. Fee expectations should be addressed before disclosure creates avoidable conflict.

8. What follows the first submission

REVDICO normally indicates whether the opportunity is within scope, what technical or authority information is missing and whether a practical next step exists. That may be a focused clarification, redacted profile, request for stage-relevant evidence or discussion of controlled introduction.

If access, material identity or authority cannot be clarified, REVDICO may decide not to proceed. This is an assessment of the opportunity as presented, not a general judgment about the intermediary.

Intermediary brief checklist

  • Represented side and exact role.
  • Directness of access and number of participants.
  • Material, form, grade and quantity.
  • Origin, current location and destination.
  • Assay or technical-information status.
  • Confirmed facts versus forwarded or preliminary claims.
  • Requested next step and any existing protection arrangement.

Submit a metals opportunity as an intermediary

Use a concise, appropriately redacted description and explain how technical questions can reach the represented side.