No terms yet in Freeport’s copper conc negotiations

Oct 14, 2013 | 09:54 AM | Mark Burton

Tags  Freeport-McMoRan Copper & Gold, treatment and refining charges, TC/RCs, copper concentrates, Javier Targhetta, Atlantic Copper, Center for Copper and Mining Studies, Cesco Aurubis

LONDON — Freeport-McMoRan Copper & Gold Inc. hasn’t yet offered firm treatment and refining charges (TC/RCs) to smelters in annual supply negotiations for copper concentrates, senior vice president of sales and marketing Javier Targhetta told AMM sister publication Metal Bulletin Oct. 10.

Targhetta, who is also chief executive officer and chairman of Freeport’s wholly owned smelting operation Atlantic Copper SA, said the Phoenix-based company is likely to settle negotiations before the start of the Center for Copper and Mining Studies’ (Cesco’s) Asia Copper Week in late November.....

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