Antofagasta Gets Record Copper Treatment Charges Above $300 a Ton
Two sources said Antofagasta was paid more than $300 per metric ton to process copper concentrate in recent tenders, amid supply shortages as 2027 contract talks begin.
Chile’s Antofagasta LSE:ANTO received more than $300 a metric ton to have its copper concentrate processed into metal in recent tenders, according to two sources familiar with the matter. The unusually high charge highlights acute supply shortages as negotiations for 2027 contracts get underway. One source said…