Leading Copper Smelters in China Agree to Lower Charges in Q1
Copper’s properties as a corrosion-resistant, extremely malleable high conductor of electricity have made its use in different industries irreplaceable. Sources reveal that major copper smelters in China agreed to lower processing treatment and refining charges for Q1 2025. This move hints at a looming shortage of copper concentrates due to a decrease in the availability or production of copper ore as ore grades continue to decline and demand increases. This argument is supported by the increased price of the red metal on the London Metal Exchange, which rose to $8988 per ton after a 5-week low. During a China Smelters…