ASIA COPPER WEEK-Freeport sets lower 2020
Miner Freeport-McMoRan Inc and three Chinese copper smelters on Thursday agreed a 23% cut in annual treatment and refining charges (TC/RCs) for 2020, pushing the
Miner Freeport-McMoRan Inc and three Chinese copper smelters on Thursday agreed a 23% cut in annual treatment and refining charges (TC/RCs) for 2020, pushing the
TC/RC. Treatment Charge (TC) and Refining Charge (RC) are common- ly used in the terms of purchase for copper concentrate or nickel ore for refining. They are amounts designed to cover refining costs. For example, copper concentrate contracts may define a purchase price based on the LME price at a certain date, minus the TC or RC being used at ...
Treatment and refining charges (TC/RCs), paid by miners to smelters to process copper ore into refined metal , climbed to $62.50 a tonne and
1.2. TC/RC and Their Role in Copper Concentrates Trade. The valuation of these copper concentrates is a recurrent task undertaken by miners or traders following processes in which market prices for copper and other valuable metals such as gold and silver are involved, as well as relevant discounts or coefficients that usually represent a major part of the revenue obtained for concentrate ...
Copper miners pay TC/RCs to the smelters to process their ore into refined metal and CSPT members are supposed to adhere to the floor in any spot processing deals. An annual TC/RC benchmark agreed by both sides, which is referenced in miner-smelter contracts worldwide, was set last November at $80.80 a tonne and 8.08 cents a pound for 2019.
Miner Freeport-McMoRan Inc and China's Jiangxi Copper have agreed treatment and refining charges (TC/RC) of $62 a tonne and 6.2 cents per pound for copper concentrate supply in 2020, a senior ...
2013-11-18 TC/RC(Treatment and refining charges for Processingconcentrates),可以翻译为将铜精矿转化为精铜的处理和精炼费用。 TC就是处理费(Treatment charges)或粗炼费,而RC就是精炼费(Refining charges
Jiangxi Copper and Freeport McMoRan agreed a 16% increase in copper treatment and refining fees for 2015 at $107 per tonne and 10.7 cents per lb after longer-than-usual negotiations. “Spot TC/RCs have been picking up over the last month and the gain seen is due to Asian refiners going into maintenance at the same time each year, just around the time for annual negotiations between miners and ...
Copper concentrate. processed copper ore with an average copper content of about 30 %. Treatment and refining charge (TC/RC) processing fee for converting copper concentrate into copper cathodes. ICSG. International Copper Study Group. CRU. CRU Group, London
2015-10-14 steel (“blanks”). Similar to the sulphide ore refining process, an electrical charge is applied to the liquid, causing the copper to attach to the sheets. Over approximately 10 days, the starter sheets fatten to a width of 2.5 centimetres, forming 99.9 percent copper cathodes. This process is known as “electro winning”.
2020-7-6 China's top copper smelters on Thursday raised their floor treatment and refining charges (TC/RCs) for the first quarter of 2020, arguing that cuts in production meant there was less demand for ...
Treatment and refining charges (TC/RCs), paid by miners to smelters to process copper ore into refined metal , climbed to $62.50 a tonne and
TC/RC. Treatment Charge (TC) and Refining Charge (RC) are common- ly used in the terms of purchase for copper concentrate or nickel ore for refining. They are amounts designed to cover refining costs. For example, copper concentrate contracts may define a purchase price based on the LME price at a certain date, minus the TC or RC being used at ...
2020-6-26 KUNMING, China Oct 17 (Reuters) - Zinc treatment and refining charges are expected to stay at high levels due to rising mine supply from Australia and South Africa, Chinese smelters, overseas miners and traders said this week at an industry gathering in China. Next year's annual zinc TC/RC
TC RC stands for Treatment Charges and Refining Charges (mining) TC RC is defined as Treatment . Inquire Now; Aurubis says 2017 copper treatment charges are too low. Aurubis, Europe's biggest copper smelter, said on Thursday that annual copper ore treatment and refining charges for 2017 reportedly agreed between Jiangxi Copper and . Inquire Now
Price notice: Copper concs TC/RC index. Mar 04, 2019 02:22 PM London Archie Hunter, Julian Luk Tags copper concentrate, copper concentrate treatment charges, copper TC, copper concentrate refining charge, copper RC As of Monday March 4, Fastmarkets is proposing to increase the frequency of publication of its copper concentrates treatment charge and refining charge (TC/RC) Asia Pacific ...
Nov 15, 2015 Treatment and refining charges (TC/RCs), the cost of processing ore, are being discussed ahead of an industry event next week in Shanghai arranged by the Center for Copper
UPDATE 2-China copper smelters set Q4 treatment/refining charges ... Sep 25, 2018 ... China''s top copper smelters have set their floor treatment and refining charges (TC/RCs) for the fourth quarter at $90 per tonne and 9 cents per...
Recent history of the copper concentrates market suggests that there is plenty of room for further declines of spot TC/RCs in a tight market. In 2011, the copper concentrates market experienced a large deficit and trader-to-smelter spot TC/RCs reached as low as
2015-10-14 steel (“blanks”). Similar to the sulphide ore refining process, an electrical charge is applied to the liquid, causing the copper to attach to the sheets. Over approximately 10 days, the starter sheets fatten to a width of 2.5 centimetres, forming 99.9 percent copper cathodes. This process is known as “electro winning”.
UPDATE 2-China copper smelters set Q4 treatment/refining charges ... Sep 25, 2018 ... China''s top copper smelters have set their floor treatment and refining charges (TC/RCs) for the fourth quarter at $90 per tonne and 9 cents per...
2020-7-3 The Q3 2020 floor TC/RC marked a sharp decrease from $67/mt and 6.7 cents/lb for Q1 of the year, as the team failed to reach an agreement for Q2. SMM copper concentrate index, which tracks TCs for spot trades of imported copper concentrate in China, stood at a multi-year low of $51.37/mt for the week ended July 3.
The Fastmarkets copper concentrate TC/RC index came in at $89 per tonne / 8.9 cents per lb on Monday October 15, a gain of $2.60 / 0.26 cents week on week to the index's highest level since October last year. Spot copper concentrates trading has been limited, with the industry less active at the start of annual contract negotiations. But in recent deals, traders have been increasingly less ...
Nov 15, 2015 Treatment and refining charges (TC/RCs), the cost of processing ore, are being discussed ahead of an industry event next week in Shanghai arranged by the Center for Copper
TC RC stands for Treatment Charges and Refining Charges (mining) TC RC is defined as Treatment . Inquire Now; Aurubis says 2017 copper treatment charges are too low. Aurubis, Europe's biggest copper smelter, said on Thursday that annual copper ore treatment and refining charges for 2017 reportedly agreed between Jiangxi Copper and . Inquire Now
SHANGHAI, Nov 21 (SMM) – Chinese copper smelters Jiangxi Copper, Tongling Nonferrous Metals, China Copper and US miner Freeport-McMoRan have agreed on the 2020 copper concentrate treatment charges (TC) in their long-term contracts at $62/mt, and refining charges (RC) at 6.2 cent/lb, the lowest since 2012, sources told SMM on November 21.
BEIJING: China's top copper smelters on Thursday raised their floor treatment and refining charges (TC/RCs) for the first quarter of 2019 by 2.2 percent, sources with knowledge of the matter said.
Copper ore that is rich in sulfides is processed via pyrometallurgy, while copper ore that is rich in oxides is refined through hydrometallurgy. Read on to learn more about copper-refining processes.
2015-5-18 treatment and refining charges (Tc/Rc) for 2012. The rise is expected to compensate partly the dwindling demand from consumer sectors. TC/RCS are paid by miners to smelters to refine concentrate into metal and are a key part of the global copper industry's income. In the mining sector, Tc/Rcs are the main costs of extracting metal from ore.
2015-11-20 Analysis of historical data for treatment and refining charges over the past 20 years indicates that there is a rough correlation of such costs with copper prices: TC/RC/PP have averaged 23 % of the copper price, although there are substantial variations from year to year.
TC RC stands for Treatment Charges and Refining Charges (mining) TC RC is defined as Treatment . Inquire Now; Aurubis says 2017 copper treatment charges are too low. Aurubis, Europe's biggest copper smelter, said on Thursday that annual copper ore treatment and refining charges for 2017 reportedly agreed between Jiangxi Copper and . Inquire Now
BEIJING: China's top copper smelters on Thursday raised their floor treatment and refining charges (TC/RCs) for the first quarter of 2019 by 2.2 percent, sources with knowledge of the matter said.
Antofagasta, Chile’s largest listed copper miner, has agreed to supply China’s two top smelting companies with copper concentrate in the first half of 2020 at treatment and refining charges (TC/RCs) in the mid-$60s per tonne/6s cents per lb, a source with direct knowledge of the matter said.
SHANGHAI, Nov 21 (SMM) – Chinese copper smelters Jiangxi Copper, Tongling Nonferrous Metals, China Copper and US miner Freeport-McMoRan have agreed on the 2020 copper concentrate treatment charges (TC) in their long-term contracts at $62/mt, and refining charges (RC) at 6.2 cent/lb, the lowest since 2012, sources told SMM on November 21.
2015-5-18 treatment and refining charges (Tc/Rc) for 2012. The rise is expected to compensate partly the dwindling demand from consumer sectors. TC/RCS are paid by miners to smelters to refine concentrate into metal and are a key part of the global copper industry's income. In the mining sector, Tc/Rcs are the main costs of extracting metal from ore.
China’s top copper smelters on Thursday raised their floor treatment and refining charges (TC/RCs) for the first quarter of 2019 by 2.2 percent, sources with knowledge of the matter said. At a meeting in Shanghai, the 10-member China Smelters Purchase Team (CSPT) set the TC floor for the first quarter at $92 per tonne and []
Singapore — Spot treatment and refining charges for imported copper concentrates for Chinese smelters were at $84-$90/mt, and 8.4-9.0 cents/lb in the week of July 15-21, up from $83-$90/mt, and 8.3-9.0 cents/lb in the preceding week, with concentrate buyers and sellers still at a stalemate, Chinese industry sources said this week.
Copper Concentrate Supplier Wholesale in Oman (Spec . Copper concentrate contains a variety of impurities that are either precious elements as byproducts or damaging to quality in copper metal products and dangerous to the environment and human health. In modern copper deposits ore grade of copper is declining while impurities in ore tend to ...
2020-7-6 The tight market for custom copper concentrates, together with the uncertainty of the copper market, has brought changes to the “traditional” ore contracts. Another look at some of the items of a simple ore contract may be in order to examine the recent changes or trends of smelting and refining terms and conditions.
2018-2-7 AVERAGE COPPER MINING GRADES CHILE VS WORLD 2005-2016 • Average Ore grades of the sulfide line have decreased similarly (27%), Chile and the World. • Ore grades of the oxides line in Chile are lower than the world average. • There is a depletion of oxidized resources in Chile, which will mean 66% lower production of SX-EW cathodes by 2027.