A cut in this year's zinc concentrate benchmark treatment charge for 2021 is expected by market participants to benefit the direct production costs of zinc producers in Australia and globally. The 2021 benchmark treatment charge, set each year through negotiations between Korea Zinc and Canadian resources firm Teck Resources, has been set at $159/t, 47pc lower than $299.75/t in 2020, Australian zinc producer New Century Resources said. The 2021 benchmark will be retrospectively applied from 1 January. The benchmark treatment charge traditionally forms the basis for global pricing of zinc concentrate smelting ... (full story)