December 29, foreign media news:, the sources said on Wednesday, China's main copper smelter will be in the first quarter of 2022 copper concentrate processing/refining costs (TC/RC) at $70 per ton and 70 cents a pound, and the cost of the fourth quarter of 2021 was flat, but better than the first quarter of 2021 increased by 32%.TC/RC, refers to the pay the cost of copper smelter, copper is used for processing copper concentrate. Plentiful supply of copper concentrate, cure refinery can usually charge a higher processing costs.
Sources said the Chinese copper raw material joint negotiating team (CSPT) at Wednesday's meeting decided the charge standard.China is the world's leading consumer and importer of copper. CSPT members for refining enterprises by domestic leading enterprises, including jiangxi copper, tongling nonferrous, yunnan copper, jinchuan group co., LTD., daye nonferrous metals company, zhongtiao mountains nonferrous metals company, silver colored group co., LTD., yantai embellish copper company, zijin mining, smelting, China gold group enterprise, The total output of refining can account for the nation's refining capacity of nearly 70%.
