CAPITAL MARKETS

BHPB copper processing charges up

HIGHER than expected copper treatment and refining fees to be charged by metal smelters next year have sparked concern that metal prices have peaked and will soon decline.

Tim Treadgold
BHPB copper processing charges up

BHP Billiton is reported to have agreed to a price of US$85 a tonne for treatment and US8c a pound for refining in its settlement with Japanese and South Korean smelters during 2005. These prices compare...

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