[SMM Silver-Lead Ore Tender Information] The tender and bid price for processing fee (pb50TC) for a silver-lead ore mine in North China was adjusted downward to -500 yuan/mt (metal content) at month-end July. The silver content is approximately 3,000-4,000 g/mt, with a silver payable coefficient of 0.95. The ore contains small amounts of other minor metals such as antimony, while copper and zinc do not reach the threshold for separate pricing and are thus not priced separately.
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