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Home / Metal News / Newssummary: Jiangxi Copper and Freeport-McMoRan Agree to 16% Rise in 2015 Term TC/RCs

Newssummary: Jiangxi Copper and Freeport-McMoRan Agree to 16% Rise in 2015 Term TC/RCs

Dec 10, 2014 09:42

Source:SMM

Jiangxi Copper Corporation and US miner Freeport-McMoRan Copper & Gold Inc. have reached an agreement to hike 2015 term TC/RCs for copper concentrate to $107 per tonne and 10.7 ¢/lb

SHANGHAI, Dec. 10 (SMM) – China's Jiangxi Copper Corporation and US miner Freeport-McMoRan Copper & Gold Inc. have reached an agreement to hike 2015 term TC/RCs for copper concentrate to $107 per tonne and 10.7 ¢/lb, China’s business and financial news website Caijing Online reported.

The agreed TC/RCs for 2015 term shipments were 16% higher than the $92 per tonne and 9.2 ¢/lb this year.

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2015 TCRCs

copper concentrate TCRCs

Chinese news summary

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