China’s copper production is expected to reach another record in 2025, even as smelters face increasing financial strain. The sector has continued expanding despite a sharp decline in processing fees, prompting government scrutiny and plans to curb new capacity. However, existing projects will proceed as planned, driving further output growth in the coming years. A...
READ MORETreatment and refining charges (TC/RCs) for copper concentrate are expected to remain low throughout 2025 due to a tightening global supply, according to a new report by Fastmarkets. Analyst Andrew Cole forecasts the annual average spot TC at $10.7 per tonne for 2025, with monthly averages potentially reaching $20 per tonne by the end of...
READ MOREChina’s leading copper smelters have agreed to reduce processing charges for copper concentrate in the first quarter of 2025 due to a continued shortage of copper ore, according to industry sources. During a meeting of the China Smelters Purchase Team in Shanghai, smelters set new guidance for treatment and refining charges (TC/RCs) at $25 per...
READ MOREChina’s leading copper smelters have agreed on reduced price guidance for copper concentrate processing and refining charges (TC/RCs) for the first quarter of 2025, reflecting a continued shortage of copper concentrates. The new rates, agreed upon at a meeting of the China Smelters Purchase Team in Shanghai, are set at $25 per metric ton and...
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