Jiangxi Copper agrees anode copper RC with Chambishi at $145/mt for 2021

摘要

Jiangxi Copper Corporation has signed a long-term contract with Zambia’s Chambishi mine, which is owned by China Nonferrrous Metal Mining, setting the blister copper, or anode copper, refining charge (RC) for 2021 at $145/mt CIF China, up by $17/mt, or 13.3%, compared with $128/mt in 2020, market sources said Jan. 12. “The expectation of increasing scrap copper supply in 2021 has provided confidence to buyers to negotiate RC at a higher level,” a smelter source said.