| 24hGold - Reuters |
Japan's Pan Pacific, Freeport agree 2016 TC/RCs at $97.35/T, 9.735 cents/lb |
TOKYO, Feb 1 (Reuters) - Pan Pacific Copper (PPC), Japan's biggest copper smelter, and Freeport have set 2016 treatment and refining charges 9 percent lower than last year's fees, as global mines cut output due to slumping prices. PPC and Freemont have agreed treatment and refining charges (TC/RCs) for this year at $97.35 a tonne and 9.735 cents a pound, a PPC spokesman said on Monday. The outcome is in line with an agreement by China's top integrated copper produlundi 1 février 2016 |