Freeport will devote to lowering TC/RCs of copper concentrates of long-term order in 2018 based on annual negotiation.

Codelco: Actual Shortage to Raise Copper Price above $10,000 per Tonne

<p>SHANGHAI, Nov.1 (SMM)－As per sales director of Freeport-McMoRan Inc., due to frequent news of short supply in copper market, Freeport plans to lower smelting fees. Javier Targhetta, vice marketing director of Freeport said on LME Week, Freeport will devote to lowering TC/RCs of copper concentrates of long-term order in 2018 based on annual negotiation.</p>

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