OTCPK:NNDIF - Post by User
Comment by
ZincDink1on Mar 02, 2017 3:46pm
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Post# 25922166
RE:TCs and domestic cons
RE:TCs and domestic consI just did simple calculation based on 54 % concentrate, 15 % to refiner, cost...$ 100 is the break even TC - anything less would generate losses.
So in my read, it sounds like China mines will start adding more concentrate in the summer, which may bring back some life to TC. Really sounds like there is excess smelting, so I don't know if plants will close in China.
So if Budel can obtain concentrate from 70 different locations and produce at $ 500, can we cut cost to get to this efficiency? The electricity costs seem to have dropped significantly in Europe. Don't understand the operations well enough to comment on why they have such a significant advantage. Would think labour cost would be similar, etc.