Teck, Korea Zinc settle 2013 TC at $210.50/T, sources say

Feb 27, 2013 | 01:28 PM | Andrea Hotter

Tags  Teck Resources, Korea Zinc, zinc, treatment charges, TCs, Andrea Hotter

CANCUN, Mexico — Teck Resources Ltd. and Korea Zinc Co. Ltd. have settled a benchmark zinc treatment charge (TC) at $210.50 per tonne, swinging terms in favor of the smelters for the coming year, industry sources told AMM.

The benchmark is based on a zinc price of $2,000 per tonne.

Last year, the zinc TC settled between the two companies at $191 per tonne, also based on a $2,000-per-tonne zinc price.....

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