Copper concentrate treatment charge (TC) for long contract orders had been set at $88/dry metric tonne or cents 8.8/lb for 2023 between Freeport and representatives of Chinese copper smelters including Jiangxi Copper, China Copper, Tongling Nonferrous, and Jinchuan, according to Mysteel's survey. The charges increased by $23/dmt or cents 2.3/lb from $65/dmt or cents 6.5/lb for 2022.
Written by Edenlis Huang, huangting@mysteel.com
Edited by Paula Xu, xuzhongping@mysteel.com