Tag: smelter margins pressure
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For Copper, $12,000/t is no longer a peak but a realistic benchmark for 2026, say sources
Tightening concentrate supply, strong structural demand sets the tone for CY’26 TC/RCs fall to multi-year lows on supply shortage, unlikely to return to normal range Copper is entering 2026 on a structurally sound footing after a turbulent but ultimately supportive 2025, with mine disruptions, falling treatment charges, and aggressive restocking by traders reshaped the global…