The more than a decade high tc is a strong incentive for zinc smelters to produce as much metal as they can hobbs said.
Zinc spot treatment charge.
There is an ongoing battle between zinc miners and smelters over what are the best annual concentrate treatment charges tcs to start this year off as the supply of zinc is expected to experience a shortage in the first half of 2018.
London reuters this year s benchmark zinc smelter treatment charges have been set at a 12 year high of 299 75 per tonne according to fastmarkets.
London reuters korea zinc inc and teck resources ltd have agreed annual concentrate treatment charges of about 245 a ton 67 percent higher than last year as mine supply ramps up two.
Benchmark treatment charges the fees miners pay smelters to process their ore are usually settled between major smelters and miners at the international zinc conference which took place last.
Negotiations are still ongoing before the annual international zinc association conference takes place in california in what could be described by.
Zinc concentrate treatment charges tcs rose for the second consecutive month in july after hitting a 19 month low in may with spot availability increasing slightly.
Fastmarkets price assessment for zinc spot concentrate tcs cif china was 165 185 per tonne on friday july 31 up by 5 from 160 180 per tonne on june 26.