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Freeport agrees with Jiangxi Copper to 2024 copper concentrate treatment charges at $80/T -source

Reuters

Dec 1 (Reuters) - Miner Freeport-McMoRan reached agreement on Friday with Chinese smelter Jiangxi Copper for 2024 copper concentrate treatment and refining charges at $80 a metric ton and 8 cents per pound, a source said.

The agreed charges are the same as reached by Chilean miner Antofagasta and Chinese smelters earlier on Friday and so will be considered the benchmark charges for 2024 copper concentrate treatment and refining. (Reporting by Mai Nguyen in Hanoi; Editing by Susan Fenton)