Korea Zinc agrees 52% cut in fees to turn Teck’s ores into metal
The annual deals for concentrates produced at Teck’s Red Dog mine in Alaska are often used as the benchmark for other deals in the zinc industry.
Zinc prices climbed to their highest level since 2007 on Thursday on supply concerns after producer Nyrstar announced a plan to cut its output due to high power prices in Europe. The most-traded November zinc contract on the Shanghai Futures Exchange surged...
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