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Copper Miner Antofagasta Seeks to Link Ore Sales to Spot Market (opens original article in a new tab)

TL;DR

Copper miner Antofagasta proposes linking ore sales to spot market indexes, indicating strain on traditional fixed-price contracts.

  • Copper miner Antofagasta proposes linking ore sales to spot market indexes
  • Antofagasta approaches Chinese smelters with new pricing proposal
  • Decades-old fixed-price deal system faces strain

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