Copper miner Antofagasta follows Freeport benchmark in annual concentrate deals

Chilean copper miner Antofagasta Minerals has begun to settle annual copper concentrate supply contracts with treatment and refining charges (TC/RCs) set at $62 per tonne / 6.2 cents per pound, sources from the company and its smelting customers told Fastmarkets.

The deals, which were concluded with smelters in Japan and China and are for 2020 supply, consolidate a benchmark set by US miner Freeport McMoRan and...

Published

Archie Hunter

November 28, 2019

11:35 GMT

London