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Copper term fees to rise to $95/tonne - Aurubis CEO

Tuesday, October 08, 2013 - 04:20

Oct. 8 - European copper term fees and refining charges will be settled at around $95 per tonne in 2014, says Aurubis chief executive Peter Willbrandt.

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It's been a busy starts and you meet at any state -- Delta's chief executive and now we have we think CEOs -- I've read this thank you so much for joining us peace -- And -- not rising treatment charges. Delta's chief executives just said it's because of more concentrate coming on stream. Do you agree with it and how much of course how much will this increase treatment charges -- thing. I fully review this policy ought to. The statement. So. What do with has seen some years is that as -- TC -- could increase because we have a few more and more supplies we have a lot of question about the mining site. Which would know come on stream. These mines with diploma concentrates. And always fourteenth as well as some -- to concentrate marketed this would mean that the TCI he's. That we should increase. We know in the moments of what you FiOS T found the right between ninety and 100. US dollar and nine and ten cents per pound and I think. The long term to FiOS teeth should be in the range of 95 and I python test upon. OK -- -- in mind are you looking to increase smelting capacity and by how much. I would just on the way to -- -- making capacity so we have smaller projects. First number one in the area where we increase our capacity by roughly 20% until the end of next year. And in -- we have justice shut down and this -- don't move the finish this month. And after -- who have who have -- 6% more capacity. So we are looking continuously on our capacity in -- we would have us. Why do you know higher capacity during the next twelve months ago -- company off to hold this do you still need to -- move past his. To keep up the case. You guys I think. What we have team during the last few cases that more listed capacities that was only done in protected markets like China -- -- There was only Brian -- expansion in Europe and I do not see and Europe and -- thought. And I do not see that and a lot of news making project coming. During the next year's. So. I think. The market -- commonly used in this soap plus and just from the moment -- Chinese stand -- as their capacity and the we'll also go forward next here but all in on that point taken bill calling on mines which -- operate was coming to operation during the next year's. We -- it -- -- market and to the Chief Justice of the race. But there's mainly because -- people's duck and concentrate market would take place in Asia. And -- months. Speaking of China do you expect on them on to remains strong from China speaking ticket out his chief executive said. That yeah so -- plus and surprisingly strong -- he thinks that in terms of copper prices this will mean that. You know -- be slightly higher than what it is today he thinks. Add the amendment. The copper price is basically fight for the constant -- is this your view is well. That's -- the hallways so. -- support to use that. Demand in China stood strong. Though we heard a lot of not so good news joins first half of of this year a ball with the end of the growth in China and so on but. If we do not see growth at like ten or 5% in respect don't cook but he meant only 6%. And if you take into can't relent Rudolph demand in China today this would mean 400 -- 50000 tons HTM law. Caught on demand in China and assists. More then has increased perhaps ten years ago so. I want to -- and strong and increase every year on the Chinese demand and this little office parks. The couple prize. And we physical reprisal for about 7000. -- --

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Copper term fees to rise to $95/tonne - Aurubis CEO

Tuesday, October 08, 2013 - 04:20