China Jiangxi Copper, U.S. Freeport agree 2015 TC/RC at …
HONG KONG, Dec 10 (Reuters) - Jiangxi Copper Company Ltd and U.S. miner Freeport McMoRan have agreed to term treatment and refining charges (TC/RC) of $107 per tonne and 10.7 cents per pound for ...
اقرأ أكثر
PRICING NOTICE: Correction to copper concentrate TC/RC …
German copper producer Aurubis is maintaining a premium of $228 per tonne FCA for 2025 for its European clients, Aurubis has confirmed to Fastmarkets.
اقرأ أكثر
Record-low copper TC/RCs push miners to agree very-long …
Fastmarkets' benchmark copper concentrate TC/RC index fell into negative territory on April 26, the first time the index had traded as a negative number in records going back to 2013. The most recent calculation of the copper concentrates TC index, cif Asia Pacific, was a discount of $2.50 per tonne on May 3.
اقرأ أكثر
Modelling Workshop
• Difficult to simplify the revenue calculation • Loses confidence as the price band widens . 8 . Overview . Interactive Analyst Centre . Actual 2014 . Current 2015 Guidance . Steelmaking Coal ... Historic Copper TC/RC . Source: CRU . Copper Concentrates . Treatment Charge & Copper Refining Charge (TC/RC) Copper Concentrates . Payable ...
اقرأ أكثر
Resistor-Capacitor (RC) Time Constant Calculator | DigiKey …
This tool calculates the product of resistance and capacitance values, known as the RC time constant. This figure — which occurs in the equation describing the charging or discharging of a capacitor through a resistor — represents the time required for the voltage present across the capacitor to reach approximately 63.2% of its final value after a change in voltage is applied to …
اقرأ أكثر
PRICING NOTICE: Proposal to amend copper concentrate TC/RC …
Fastmarkets proposes to revise the outlier detection method used in the calculation of its copper concentrate treatment and refining charge (TC/RC) index to reflect timely changes of an increasingly active spot market. April 28, 2021 By Julian Luk. Asia ...
اقرأ أكثر
Metal Bulletin Launches Copper Concentrates TC/RC Index
As such we think the copper concentrates TC/RC index will be a useful tool for the copper market," Metal Bulletin Editor Alex Harrison said. As well as its specialist journalists, Metal Bulletin used the expertise of its separate index team, which has wide experience of creating indexes for use by the metal and steel markets, in order to ...
اقرأ أكثر
China smelter group raises Q3 copper TC/RC guidance to 6 …
China's top copper smelters agreed on third-quarter guidance for copper concentrate processing treatment and refining charges (TC/RCs) of $95 per metric ton and 9.5 cents per pound, two sources ...
اقرأ أكثر
Copper smelters feel pain as treatment and …
The tightness in the copper concentrate market has been reflected in treatment and refining charges (TCs/RCs), which are approaching all-time lows set in April 2021.. Fastmarkets calculated the copper concentrates TC index, …
اقرأ أكثر
Copper TC/RC charges in China are expected to come under …
Copper TC/RC charges in China are expected to come under pressure. Stay updated with Commodity Evolution to follow the industrial market. Loading. News. Copper Concentrate Processing and Refining Cost Pressures in China: Market Trends and Challenges in Q4/2024; Hot Rolled Coil (HRC) Price Rebound in Europe: A New Chapter for the Steel ...
اقرأ أكثر
Direct Effect of TC on the LME Copper Prices
The motivation of this paper is to identify the effect of treatment charge (TC) on LME (London Metal Exchange) copper prices. It is a fundamental variable as a supply side factor, because it is related to the smelting process and reflects the level of concentrates market tightness. To examine this question carefully, the regression model is applied. This paper finds …
اقرأ أكثر
Copper concentrate TC/RC hits 6-month low on demand …
The spread between Asia origin, blended copper concentrates and standard clean copper concentrates narrowed from $10/mt TC in September to $2-$3/mt TC Oct. 31. Meanwhile, a number of Chinese smelters have also sought to increase concentrate inventory levels, thanks to higher sulfuric acid prices and copper cathode premiums giving margins a boost.
اقرأ أكثر
Copper concentrate price data and news
Copper's essential role in the energy transition is creating a volatile and dynamic market. A series of production problems has hit mine output around the world, leaving smelters scrambling for copper concentrates. The strong demand for copper concentrates has pushed the treatment charges and refining charges (TC/RCs) down to record lows.
اقرأ أكثر
ON-SITE PROCESSING VS. SALE OF COPPER …
TC/RC/PP (US ¢/lb) Copper Prices (US ¢/lb) Cu Figure 4 For the purposes of the financial analysis in the succeeding section, longterm prediction for TC/RC/PP is required. Using the above historical relationship between TC/RC/PP and copper price it is assumed that the TC/RC/PP is 23% of the copper price for the longterm average.
اقرأ أكثر
Copper concentrate marketing 101
A TC/RC benchmark framework currently exists for copper concentrate. The benchmark is negotiated by major producers and major smelters on an annual (calendar year) basis. Since about 1990, the …
اقرأ أكثر
How low can spot TC RCs go
The treatment charge (TC) and refining charge (RC) are a discount to the amount paid to the sellers for a copper concentrate, usually expressed jointly as a TC/RC. CRU publishes two spot TC/RC indices, which represent the averages of TC/RCs agreed over the previous month, one for the miner to trader market, and another for the trader to smelter ...
اقرأ أكثر
Copper Concentrate Assessments
Platts assessed producer-to-trader copper concs TC/RC differentials at minus $9.60/mt and minus 0.96 cent/lb, respectively, Oct. 23, down 20 cents/mt and 0.02 cent/lb from Oct. 22. As winter approaches, northern China smelters that primarily rely on road-transported copper concs were heard seeing increased spot demand for sea-transported cargoes.
اقرأ أكثر
Five key talking points ahead of C Week 2024
The latest calculation is the index's lowest ever. Fastmarkets carries historical pricing data for the market as far back as June 2013. ... The 2024 copper concentrate TC/RC benchmark was agreed at $80 per tonne/8.0 cents per lb between major global miners and copper smelters, firstly settled between Chilean miner Antofagasta and China's ...
اقرأ أكثر
Copper treatment charges for Chinese market seen rising in …
Global miners and Chinese smelters could set higher annual treatment and refining charges (TC/RCs) in 2023 as rising copper concentrate supply is expected to outpace smelting capacity growth.
اقرأ أكثر
PRICING NOTICE: Proposal to amend publication frequency …
Proposal to publish copper TC/RC index on a weekly basis Fastmarkets currently publishes the index twice a month – on the 15th and the last working days of every month. Considering the growing spot liquidity of trade in copper concentrates and heightened volatility of TC/RCs paid for material, Fastmarkets proposes to publish the index every ...
اقرأ أكثر
What are TC/RCs (Treatment and Refining …
TC/RCs provide part of the revenue of a smelter. E.g. the table below gives an indicative calculation for revenue per tonne of copper for various TC/RC levels and levels of concentration:
اقرأ أكثر
The Copper Market, Treatment and Refining …
Treatment and Refining Charges (TC/RCs) are the fees paid to smelters by mines for converting copper concentrate to copper cathode and key revenue source for smelters. Falling TCs are putting pressure on companies …
اقرأ أكثر
Looking for Accurate Forecasting of Copper TC/RC
Thus, in accordance with our second premise on benchmark TC/RC behaviour, levels would move in line with copper concentrate supply and demand as well as the smelters' and refineries' available capacity to transform concentrates into metal copper. Hence, a relationship between TC/RC levels and copper supply and demand is known to exist and ...
اقرأ أكثر
Estimating copper concentrates benchmark prices under …
Copper concentrates daily prices are modeled using Matlab software employing historical daily official spot and futures data from the two main commodity markets (LME - copper; COMEX - gold and silver) obtained from DataStream as well as historical copper TC/RC benchmark levels from 2004 to 2018 to calibrate the model.
اقرأ أكثر
The Copper Market, Treatment and Refining Charges
The current copper price of above 9 000 USD/t is seen as encouraging miners to boost output. Copper mine production is forecasted to rise by 2..4% in 2021, and by further 7% in 2022 boosted by recovering supply at existing mines, expansions and new capacity in Indonesia (Grasberg Block Cave mine ramp-up), Peru (the startup of Mina Justa and the expansion of …
اقرأ أكثر
copper concentrate price calculation formula
TC/RC. Treatment Charge (TC) and Refining Charge (RC) are common- ly used in the terms of purchase for copper concentrate or nickel ore for refining. They are amounts designed to cover refining costs. For example, copper concentrate contracts may define a purchase price based on the LME price at a certain date, minus the TC or RC being used at ...
اقرأ أكثر
Copper concentrate benchmark structure at risk in …
The influential annual treatment and refining charge (TC/RC) benchmark that sets the price that smelters charge miners to process their copper concentrate could be at risk, according to multiple market sources, although …
اقرأ أكثر
Copper concentrate marketing 101
In establishing an off-take contract, a mine must not only consider Treatment and Refining Charges (TCs/RCs) and metal payability rates, but also a myriad of other terms which will have an impact on realisation costs and the …
اقرأ أكثر
copper concentrate price calculation
This was followed by a decrease in copper metal prices which spurred the closure of some mines and the curtailment of production at others. ... TC 25%min CIF China. ... 35Central Open Pit Concentrates Prices Calculation 36☆Copper Concentrate Net Value 37 16Moisture content % 11 38 17Copper price $/t 2325 39 18Unit deduction % Cu 1.0 40 ...
اقرأ أكثر
Evaluation of net smelter returns in the South African …
For a copper concentrate this may take the form of: Deductions7 – The amount deducted from concentrate grades to calculate the metal paid for by a smelter, e.g. copper concentrates typically deduct 1.0-1.5 units (grade percentage points). The unit deduction is related to the grade of concentrate, with higher-grade concentrates
اقرأ أكثر