China's Jiangxi Copper has reportedly reached an agreement over its 2016 frame contractTC/RC for copper concentrates with Chile's Antofagasta Minerals at $97.35/9.735?according to Huang Dongfeng, board secretary of Jiangxi Copper. While likely, it is not yetcompletely certain whether the figure will be accepted by the copper industry as the 2016annual benchmark TC/RC between miners and Chinese smelters.
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