South32, Korea Zinc lock in annual lead TCs at 25.5% lower than 2020 [CORRECTED]
South32, Korea Zinc lock in annual lead TCs at 25.5% lower than 2020 [CORRECTED] Korea Zinc has agreed annual supply contracts for lead concentrate from South32âs Cannington mine in Australia with a 25.5% reduction in treatment charge (TC) terms from a year ago. The two companies agreed to a TC of $136 per tonne and refining charge (RC) of $1.50 per oz, down from $182.50 per tonne / $1.50 per oz, sources claiming direct knowledge said. The deal was locked as per contract with no changes to volumes, they added. South32 declined to comment and Korea Zinc did not respond to ...