Erdenet copper conc spot TC/RCs rise on Jinchuan outage

Spot treatment and refining charges (TC/RCs) for Erdenet copper concentrates surged from $115 per tonne/11.5 cents per lb last week to $130/13 cents on Friday March 21, as a result of Jinchuan’s force majeure, according to smelter sources.

“We have purchased small lots [around 5,000 tonnes] of Erdenet due to favourable TC/RCs,” one smelter source told Metal Bulletin. “Those cargoes [were going to] Jinchuan, but now Jinchuan has...


Metal NM

March 21, 2014

11:01 GMT