Author: Drishya Yadav
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Global Copper Concentrate Shortage Drives TC/RCs to Historic Low
Smelting overcapacity in China intensifies global concentrate imbalance. Global concentrate deficit expected in 2026 despite refined surplus. The global copper market is witnessing a imbalance, as tightening concentrate supply struggles to keep pace with rapidly expanding smelting capacity. With copper concentrate availability tightening sharply over the past 12-18 months. This has led to an unprecedented…