Three major Japanese smelters-Sumitomo Metal Mining, Pan Pacific Copper, and Mitsubishi Materials Copper-have recently finalized several supply contracts for 2025 with global producers. According to company sources, the agreements were closed with a treatment and refining cost (TC/RC) set at $25 per metric ton ($/mt) and 2.5 cents per pound (cents/lb) for copper concentrate, respectively. […]
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