ANFGF - Antofagasta signs copper ore supply deals with China smelters - Reuters

Antofagasta (ANFGF) has signed contracts to supply Chinese copper smelters with copper concentrate in deals covering at least half of next year, Reuters reports.The contracts would mean Antofagasta has secured China supply deals well before the annual Q4 "mating season" for three years running, according to the report.Reuters reports one smelter source in China said his company had agreed to take concentrate at treatment and refining charges of $56/ton and $0.056/lb.State-backed Chinese smelters last week set their Q3 TC floor at $55/ton; 12 months ago, Antofagasta signed similar deals for TCs of ~$60/ton.

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Antofagasta signs copper ore supply deals with China smelters - Reuters