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Codelco ends long-term mined copper deals to China clients from 2025 -sources

Codelco ends long-term mined copper deals to China clients from 2025 -sources
miningweekly.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miningweekly.com Daily Mail and Mail on Sunday newspapers.

Exclusive-Codelco ends long-term mined copper deals to China clients from 2025 -sources

Chile's Codelco is ending long-term contracts to sell copper concentrate to Chinese clients from 2025, bidding to broaden its product offering to them after evaluating its production outlook, five sources with direct knowledge of the matter said. The sources said Codelco is aiming to replace exclusively copper concentrate deals with others that include concentrate and value-added intermediate products such as blister and anode which are derived from concentrate and can be turned into copper metal or cathode. Some Chinese customers have protested against the changes, but will have to accept new contract negotiations that include intermediates because they will need Codelco's concentrates at a time when deficits are expected, the sources said.

Exclusive-Codelco Ends Long-Term Mined Copper Deals to China Clients From 2025 -Sources

Exclusive-Codelco Ends Long-Term Mined Copper Deals to China Clients From 2025 -Sources
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Codelco ends long-term mined copper deals to China clients from 2025 -sources

Codelco ends long-term mined copper deals to China clients from 2025 -sources
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Commodities : Codelco ends long-term mined copper deals to China clients from 2025 -sources - Today

Chile s Codelco is ending long-term contracts to sell copper concentrate to Chinese clients from 2025, bidding to broaden its product offering to them after evaluating its production outlook, five. -September 15, 2023 at 08:21 am EDT - MarketScreener

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