from AFRCommoditiesChile’s Codelco, the world’s biggest copper...

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    from AFR

    Commodities

    Chile’s Codelco, the world’s biggest copper miner, has agreed a record benchmark premium for European buyers at $US234 a tonne for 2023, up 83 per cent from this year, two copper industry sources said.

    The premiums set by state-owned Codelco for physical delivery of copper are paid on top of the London Metal Exchange (LME) contract and serve as a benchmark for global contracts.

 
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