Korea Zinc follows zinc concentrates annual deal level set by Teck and European smelters

Korea Zinc, the world's largest custom zinc smelter by volume, has agreed to annual zinc concentrate supply contracts based on the treatment charges (TCs) set between Teck Resources and European smelters, Metal Bulletin understands.

Teck Resources has signed annual zinc concentrate supply deals with European smelters Glencore and Nyrstar with treatment charges (TCs) set at a 12-year low of $147 per tonne.

The deal with Korea Zinc means a benchmark has been established...

Published

Archie Hunter

May 04, 2018

10:59 GMT

Shanghai