Robert Friedland notes copper treatment charges fall with smelter revenues up on sulphuric acid

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Friedland: Copper charges fall, smelters gain

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27.04.2026

Robert Friedland notes copper treatment charges fall with smelter revenues up on sulphuric acid — Friedland: Copper charges fall, smelters gain

Copper concentrate treatment charges have decreased to minus $107.30 per tonne, according to Fastmarkets’ latest assessment. Robert Friedland reported that a 2.1% week-on-week decline was largely driven by recent increases in sulphuric acid prices. As a result, smelters are experiencing significantly higher revenues, while the persistent fall in treatment and refining charges reshapes market dynamics. Industry participants will be watching closely to see if these trends persist in the coming weeks.

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Friedland recently said that oil markets have not fully reflected the impact of supply disruptions despite higher prices, according to his comments on oil market supply losses. He also discussed global economic and geopolitical factors affecting metals in a recent SmarterMarkets podcast. His latest remarks on copper come as commodities face continued pricing shifts.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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