Falling Sulphuric Acid Prices Deepen China Copper Smelter Squeeze
Falling sulphuric acid prices are eroding a key profit source for Chinese copper smelters, adding pressure as they process copper concentrate at negative fees, industry sources said.
By Tom Daly and Amy LvChinese copper smelters are facing mounting pressure as falling sulphuric acid prices erode a key source of profits that had helped offset losses from processing copper concentrate at negative fees, industry sources said.The double blow for China's smelters, which produce more…