China smelter group agrees to lower Q1 copper charges
The charges tend to fall when ore supply declines and rise when more concentrate is available.
Global primary aluminum output in October rose 3.1% year on year to 5.85 million tonnes, data from the International Aluminium Institute (IAI) showed on Monday.
Estimated Chinese production was 3.475 million tonnes, the IAI said.
(By Eric Onstad; Editing by Jason Neely)
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