Participants in the copper concentrate market, specifically traders, have secured tonnages for 2025 at “very low” treatment charges (TCs) on the expectation that the market will remain tight next year, sources told Fastmarkets on the sidelines of the annual CESCO Week conference in Santiago, Chile. Sources said multiple deals have been signed by traders for 2025 volumes and were heard to be done at TCs in the low single digits ($10s and $20s per tonne). Fastmarkets has confirmed several of these deals, with sources directly involved in the transactions. A trader said that others were offering to buy 2025 tonnages at ... (full story)