They said that Japanese smelters, including Mitsui Mining & Smelting and Dowa Metals & Mining, are following the treatment charge (TC) of $245 per tonne in deals with international suppliers.
In these contracts, Japanese smelters are also including scales of -2% below $2,700 per tonne, 0% between $2,700 and $3,000 per tonne and +5% above $3,000 per tonne, the same
rates agreed by Teck and Korea Zinc.
This is despite Mitsui Mining & Smelting signing contracts with Teck at a slightly different level of $248 per tonne TCs basis a...
