Antofagasta

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  December 9, 2024

  Antofagasta and Jiangxi Copper Agree to Sharply Lower Processing Fees for 2025

  BY Lara Browne
  Chilean miner Antofagasta and China’s Jiangxi Copper have agreed to significantly lower processing fees for copper concentrate in 2025, according to four sources with knowledge of the matter. The agreed treatment and refining charges (TC/RCs) of $21.25 per ton and 2.125 cents per pound represent a steep 73.4% drop from the $80 per ton and...
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  October 16, 2024

  Antofagasta Reports 15% Increase in Q3 Copper Production, Maintains Full-Year Guidance

  BY John Davis
  Copper mining giant Antofagasta reported a fifteen percent increase in third-quarter production, while maintaining expectations for full-year output to reach the lower end of its guidance range. Copper production totaled 179,000 tonnes for the three months ending September 30, up 15.3% from the second quarter. Year-to-date output stands at 463,700 tonnes, down 1.2% compared to...
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