Zinc output climbs, but uncertainty disrupts processing talks

News Markets Intelligence Careers Education Buyers Guide News Markets Buyer's Guide Advertise RSS Newsletter The Northern Miner MINING.COM Canadian Mining Journal Sign In Join Profile Sign out Copper Gold Lithium Nickel Commodities Iron Ore Rare Earth Coal Uranium Cobalt Diamond Zinc Platinum Palladium Silver Potash Suppliers Equipment TOP 50 USA Canada Australia Regions Africa China Latin America Europe Asia TNM Maps TNM Marco Polo Reuters | March 29, 2018 | 1:26 pm Base Metals Zinc Photo by Magic Foundry, Flickr. LONDON, March 29 (Reuters) – Surging zinc mine output will eventually lift annual charges for treating concentrates, but uncertain timing has led to a stand-off in talks between mines and smelters. No deal has been achieved yet over benchmark processing terms – fees miners pay smelters to turn concentrate into metal – after two sets of negotiations, in February and this month. Sign Up for the Copper Digest Sign Up Concentrate is partially processed ore. Rising mine output usually boosts treatment charges (TCs) since miners must compete to have their material processed at the global network of smelters, which have a fixed capacity. But it takes time for higher mine production to make its way through the v...

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