Company is aiming to replace exclusively copper concentrate deals with others that include concentrate and value-added intermediate products such as blister and anode.
When the EU closes its EV market to China, it would open up a direct route and likely premium pricing for lithium, nickel, cobalt miners now supplying China.
According to Fitch Ratings, the financial profiles of miners will remain resilient in the short to medium term as commodity prices remain above mid-cycle levels.