Aluminium smelter trades between Gulf producers and Asian manufacturers use gold settlement to bypass USD chains. LCORE's gold DVP settlement through Abu Dhabi escrow under ADGM English Common Law (Reg. 28158) provides a settlement mechanism that eliminates both counterparty risk and currency conversion friction. Gold is the universal settlement medium — accepted regardless of banking sanctions, FX controls, or correspondent bank limitations. Minimum $5M per transaction.
Request ConsultationAluminum is one of the most active sectors seeking non-USD settlement. Key commodities: primary aluminum, alumina. Challenge: Russian aluminum sanctions, LME settlement, non-USD. LCORE's gold DVP mechanism enables 2-3 working day settlement without USD correspondent banking.
Mechanics: buyer deposits physical gold into ADGM DVP escrow, primary aluminum is delivered, payment confirms via agreed correspondent, gold releases. ADGM English Law governs. UAE geopolitically neutral.
Confidential. Min $5M. ADGM 28158.