Korea Zinc has agreed annual supply contracts for lead concentrate from South32's Cannington mine in Australia with a 21.92% reduction in treatment charge (TC) terms from a year ago.
The two companies agreed to a TC of $142.50 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...