Copper concs mart in good shape for smelters: Aurubis

Jan 27, 2014 | 11:39 AM | Mark Burton

Tags  Aurubis, copper concentrates, Grasberg Mine, Newmont Mining, Batu Hijau Mine, Indonesia ban, Mark Burton

LONDON — Concessions by the government of Indonesia allowing miners to continue to export copper concentrates means the market remains in "good shape" for smelters, Aurubis AG said Jan. 27 in a monthly market update.

Spot treatment and refining charges are $110 to $120 per dry tonne and 11 to 12 cents per pound, down from highs of $130 per dry tonne and 13 cents per pound in December but still at elevated levels, according to Aurubis.....

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