Aurubis has entered into a long-term supply contract with Teck Resources to source copper concentrates over a 10-year period from the second phase of Teck's Quebrada Blanca (QB2) open-pit project in the Tarapac?? Region of Chile, Fastmarkets learned.
German copper producer Aurubis will garner a 'significant amount' of copper concentrates over the period, while the QB2 mine is set to initiate mining activities in 2021 - at which point it will be among the top 20 global copper producers at an estimated output of 316,000 tonnes per year - the companies stated in a press release. During operation,...