Chinese Copper Smelters Switch to Scrap Amid Concentrate Shortages

Producers of refined copper in China have resorted to using scrap metal for their operations as the availability of copper concentrate feedstocks tightens. Because of limited concentrate availability, processing charges have dropped even more into negative territory. As the supply of copper concentrate continues to be constrained, producers like Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) could […]