LONDON, Nov 23 (Reuters) - Chilean copper miner Antofagasta (ANTO.L) last week inked the first major 2024 concentrates supply deal with China's Jinchuan Group.
Indeed, it's far from certain there will be a single benchmark for next year due to a shifting copper concentrates landscape.
Annual "benchmark" copper smelter treatment chargesSPLIT BENCHMARK?
Other members of China's Copper Smelters Purchase Team, a grouping of the country's biggest players, have rejected Jinchuan's terms as a benchmark.
Its new Manyar copper smelter will start ramping up from May.
Persons:
Freeport, Chen Yunian, Jinchuan, it's, Jan Harvey
Organizations:
China's Jinchuan, TC, Freeport McMoRan, HK, Study, China's, Copper, Reuters, Thomson
Locations:
Antofagasta, Jinchuan, Freeport, Indonesia, Panama, Peru, Chile, China, Jiangxi, Canada, Botswana