Zinc Treatment Fees May Decline 20% on Lower Spot Charges

Base Metals Investing

Bloomberg.com reports that World zinc mining companies could expect to pay 15 to 20 percent less to smelters for processing raw material into refined metal next year, due to a drop in fees

Bloomberg.com reports that World zinc mining companies could expect to pay 15 to 20 percent less to smelters for processing raw material into refined metal next year, due to a drop in fees.

The story is quoted as saying:

“Assuming a basis zinc price of $2,000 a metric ton, we could see a base treatment charge of about $200-$210 a dry metric ton,” the bank said in a report today. This would be a reduction of about $40-$50 a ton from this year’s benchmark of $253 a ton on a basis price of $2,000 a ton, the bank said

To access the full story, click here.