Zinc Spot Treatment Charge

Benchmark treatment charges the fees miners pay smelters to process their ore are usually settled between major smelters and miners at the international zinc conference which took place last.

Zinc spot treatment charge.

London reuters this year s benchmark zinc smelter treatment charges have been set at a 12 year high of 299 75 per tonne according to fastmarkets. Fastmarkets price assessment for zinc spot concentrate tcs cif china was 165 185 per tonne on friday july 31 up by 5 from 160 180 per tonne on june 26. The charges am tc50 zncon paid by zinc miners to smelters to process concentrate into refined metal on short term contracts slipped to 255 a tonne on tuesday the lowest since april 16 2019. According to metal bulletin the zinc concentrate tcs dipped to 10 per ton in january to a 10 30 per ton level.

Zinc concentrate treatment charges tcs rose for the second consecutive month in july after hitting a 19 month low in may with spot availability increasing slightly. Spot tcs or fees that miners pay smelters to process zinc ore into refined metal have climbed relentlessly in 2019 to an 11 year high of 290 a tonne as fast rising mine supply overwhelms limited smelting capacity. Negotiations are still ongoing before the annual international zinc association conference takes place in california in what could be described by.