First Quantum’s first Cobre Panama copper conc sold to 2 major Chinese smelters - sources

First Quantum’s first shipment of copper concentrates from Cobre Panama will arrive in Shanghai in one months’ time and will be used as feed for two major Chinese smelters, Fastmarkets learned.

The first shipment, comprising 31,377 wet metric tonnes (wmt) of copper concentrates, departed the Punta Rincon port of Cobre Panama on Monday June 24, the miner said in a statement, without disclosing the specification of this batch.

The news came at a time when copper concentrates treatment charges (TCs) are currently at multi-year low levels...


Julian Luk

June 25, 2019

11:30 GMT