Previous close | 13.00 |
Open | 13.00 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 25.00 |
Expiry date | 2024-01-19 |
Day's range | 13.00 - 13.00 |
Contract range | N/A |
Volume | |
Open interest | N/A |
The copper miner received some positive news in the month and inked an interesting collaboration with Caterpillar.
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.
Global miners on Friday reached agreements with Chinese smelters for a lower copper concentrate treatment and refining charges (TC/RCs) for 2024, the first drop in three years, sources familiar with the matter said. Miner Antofagasta agreed with Chinese smelters, including China's biggest smelters, for January-December 2024 treatment and refining charges (TC/RCs) at $80 a metric ton and 8 cents per pound, four sources said. Freeport-McMoRan also reached a deal with top Chinese smelter Jiangxi Copper at the same level for full calendar year in 2024, said Javier Targhetta, senior vice president for marketing and sales at Freeport.