tc rc charges for refining copper ore

tc rc charges for refining copper ore

Copper concentrate TC/RCs Fastmarkets

On Thursday November 21, 2019, miner Freeport-McMoRan and smelter Jiangxi Copper agreed to a 2020 copper concentrate treatment and refining charge (TC/RC) benchmark of $62 per tonne/6.2 cents per lb the lowest level in nearly a decade and down by 23% from the previous year.

Freeport seals lower copper TC/RCs for 2021, signalling

Dec 14, 2020 Freeport-McMoRan Inc has agreed copper treatment and refining charges (TC/RCs) for 2021 with four Chinese smelters at 4% below this year's

Freeport agrees 2020 copper treatment charges at $62/T

SHANGHAI, Nov 21 (Reuters) 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

COPPER CONCS SNAPSHOT: TC/RCs rebound for the first time

Fastmarkets calculated its benchmark copper concentrate treatment and refining charge (TC/RC) index, cif Asia Pacific at $28.10 per tonne/ 2.81 cents per lb for the week ended Friday March 19. Last week, the index dipped below $30 You might notice something different here.

Copper concentrate TC/RCs hit 10-year lows American

Mar 16, 2021 TC/RC drop could reduce refined output Continued demand has seen Chinese smelters purchase spot parcels of copper concentrates at prices as low as $30 per tonne/3 cents per lb, far below guidance set by state-run smelters at $53 per tonne/5.3 cents per lb for first quarter buying. “Stocks at Chinese smelters are still low.

China copper treatment charges hit 8-month high as

Feb 10, 2020 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 6.25 cents a pound on Monday, as assessed by industry pricing and information provider Asian Metal.

Freeport lower 2021 copper charges signal sixth drop for

Dec 15, 2020 The charges, paid by miners to smelters to process copper ore into refined metal, are weaker than the 2020 benchmark of $62 a tonne and 6.2 cents per lb

Copper Refining: From Ore to Market INN

Dec 04, 2020 At the end of this step, copper ore concentrate levels are typically between 24 and 40 percent. minus treatment charges (TC) and refining charges (RC).

Looking for Accurate Forecasting of Copper TC/RC Benchmark

The main deductions are applied to the market value of the metal contained by concentrates such as Copper Treatment Charges (TC), Copper Refining Charges (RC), the Price Participation Clause (PP), and Penalties for Punishable Elements [ 7

Copper smelter Boliden

3.2 Deductions Refining Charge (RC) RC The price of the raw materials shall be the sum of the values of the payable metals less the sum of the deductions. The refining charge for payable copper shall be 4.5 USc per pound of payable copper. Example) For a concentrate with a copper content of 24% the payable copper value is 24% 1 %-unit

Freeport seals lower copper TC/RCs for 2021, signalling

Dec 14, 2020 Freeport-McMoRan Inc has agreed copper treatment and refining charges (TC/RCs) for 2021 with four Chinese smelters at 4% below this year's

China copper treatment charges hit 8-month high as

Feb 10, 2020 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 6.25 cents a pound on Monday, as assessed by industry pricing and information provider Asian Metal.

China copper smelters lowered floor TC to $53/mt for Q3

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

China copper treatment charges for 2019 to fall as

Sep 07, 2018 The 2018 TC/RC benchmarks were set at $82.25 per tonne and 8.225 cents per pound, respectively. The charges typically fall when the copper concentrate market tightens. Antaike forecasts that annual copper smelting capacity in China, the world's biggest copper consumer, will increase by 950,000 tonnes in 2019, on top of an expected 1.08 million

Glossary Sumitomo Metal Mining Co., Ltd.

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 the time.

Copper smelter Boliden

3.2 Deductions Refining Charge (RC) RC The price of the raw materials shall be the sum of the values of the payable metals less the sum of the deductions. The refining charge for payable copper shall be 4.5 USc per pound of payable copper. Example) For a concentrate with a copper content of 24% the payable copper value is 24% 1 %-unit

ON-SITE PROCESSING VS. SALE OF COPPER CONCENTRATES

In early 2004, the combined TC/RC/PP reached a low of 10% of the copper price, but with the recent rise in treatment and refining charges, (at time of writing, May 2005), it has risen to about 20 % of the copper

Smelting & Refining Terms and Conditions Typical Example

Metal Payments, Treatment and Refining and Delivery Deduction, and Penalty Items are usually the first and most visible items to change. In the last year, much publicity has been concerned with the low levels of treatment charges and refining charges (TC/RC). Quotational periods and Settlement clauses have also undergone various changes.

CHILEAN COPPER MINING COSTS Cochilco

TC/RC = Treatment and Refining Charges Slight increase in average own endowments (+ 2%) Cash Cost Cochilco (¢US$/lb) 2016 (accumulated to June) 129,7 By product credit -7,7 Acid -0,4 TC/RC

Modelling Workshop Teck Resources

Nov 04, 2015 • Realised TC/RC is negotiated annually −Price participation eliminated June 2006 • Spot TC/TC is continuously market negotiated . includes price participation in 2006 . 17 . Spot TC/RC are more volatile than realized TC/RC . Historic Copper TC/RC . Source: CRU . Copper Concentrates . Treatment Charge & Copper Refining Charge (TC/RC)

Metal Bulletin launches Copper Concentrates TC/RC index

Metal Bulletin has launched an index for copper concentrate treatment and refining charges (TC/RCs) on a cif Asia-Pacific ports basis.Metal Bulletin's Mark B...

PRICING NOTICE: Correction to copper concentrate TC/RC

Fastmarkets’ weekly index for copper concentrates RC index, cif Asia Pacific (MB-CU-0288) should have been 4.47 cents per lb, instead of 4.78 cents per lb as previously published. Fastmarkets’ pricing database, MInD, has been updated to reflect this change.

India’s copper business under pressure bloc

Mar 22, 2019 Movement of Tc/Rc charges is based on the global production of copper ore. If production is high, demand for refining increases and the Tc/Rc charges rise too. A recent report by Yes Securities says that global treatment charges slumped to $79 a tonne last December, from a high of $105 per tonne in 2016.

CSPT did not set Q2 guidance TC/RC for spot copper

The China Smelters Purchase Team (CSPT) set the floor prices of imported copper concentrate treatment and refining charges (TC/RC) at $53/mt and 5.3 cent/lb respectively for the first quarter of 2021, down $5/mt and 0.5 cent/lb from the fourth quarter of 2020.

CSPT sets 2021 Q1 floor price of copper concentrate TC at

The China Smelters Purchase Team (CSPT) set the floor prices of imported copper concentrate treatment and refining charges (TC/RC) at $53/mt and 5.3 cent/lb respectively for the first quarter of 2021, down $5/mt and 0.5 cent/lb from the fourth quarter of 2020.

Freeport lower 2021 copper charges signal sixth drop for

Freeport-McMoRan has agreed copper treatment and refining charges (TC/RCs) for 2021 with four Chinese smelters at 4% below this year's terms, an executive from the miner said, signalling a sixth

Glossary Sumitomo Metal Mining Co., Ltd.

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 the time.

PRICING NOTICE: Correction to copper concentrate TC/RC

Fastmarkets’ weekly index for copper concentrates RC index, cif Asia Pacific (MB-CU-0288) should have been 4.47 cents per lb, instead of 4.78 cents per lb as previously published. Fastmarkets’ pricing database, MInD, has been updated to reflect this change.

Aurubis expects higher copper refining charges next year

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 and Mining Studies (CESCO).

The Value Chain of Copper from Mine to Application

Understanding Copper The Second Part of the Value Chain: TC/RCs and Premium in Smelting and Refining Assumptions Treatment Charge (TC): 60 USD/ton of concentrate Refining Charge (RC): 6 ct/lb Copper Copper Content: 30 % Treatment Charge (USD/ton Concentrate) 60 USD/ton Refining Charge (USD/ton Copper) 0.06*1000/0.454*0.30 = 39.64 USD/ton Sum

CHILEAN COPPER MINING COSTS Cochilco

TC/RC = Treatment and Refining Charges Slight increase in average own endowments (+ 2%) Cash Cost Cochilco (¢US$/lb) 2016 (accumulated to June) 129,7 By product credit -7,7 Acid -0,4 TC/RC

Higher Tc/Rc to benefit Indian copper smelters Business

Read more about Higher Tc/Rc to benefit Indian copper smelters on Business Standard. In a major relief for Indian copper smelters, global miners have agreed to raise treatment and refining charges (Tc/Rc) by 10% for the first quarter of the current calendar year. Higher Tc/Rc reflects a recovery in copper mine supply after years of

Copper extraction

Copper concentrates produced by mines are sold to smelters and refiners who treat the ore and refine the copper and charge for this service via treatment charges (TCs) and refining charges (RCs). The global copper concentrate market [35] was valued at US$81 Billion in 2019 and is projected to reach US$93 Billion by 2027 expanding at a CAGR of 2.5%.

Copper DBS

We expect refined copper production to grow 3.5% y-o-y in 2020 as Chinese smelters ramp up to meet strong demand and mines recover from supply disruptions in 2H20 despite a 23% decline of benchmark concentrate treatment and refining charges’ (TC/RC’s) to US$62/tonne y-o-y.

Metal Bulletin launches Copper Concentrates TC/RC index

Metal Bulletin has launched an index for copper concentrate treatment and refining charges (TC/RCs) on a cif Asia-Pacific ports basis.Metal Bulletin's Mark B...

MINERAL PRODUCT PRICING STUDY

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

China copper smelters increase treatment charges floor as

Sep 29, 2020 Article content. BEIJING — China’s copper smelters raised on Tuesday the floor levels of fourth-quarter treatment and refining charges (TC/RCs) by 9.4%, said two sources with direct knowledge of the matter, as they gear up for talks with miners on a TC/RC benchmark for 2021.

China copper smelters lift treatment charges floor as

Sep 29, 2020 The smelters typically raise the TC/RC floor for the final three months of the year ahead of negotiations with miners on the annual TC/RC benchmark. The 2020 TC benchmark was agreed at $62 per tonne but spot TCs in China have languished around $51.50 since late July the lowest in eight years as Chinese copper demand recovered from the