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Home > Terms > English, UK (UE) > Treatment/refining charges
Treatment/refining charges
The fee paid by a miner to the smelter/refiner which upgrades the mine's concentrate output. Abbreviated to TC/RCs on second reference. Smelting/refining contracts also typically include escalators, which adjust the charges up or down in line with fluctuations in the market price of the metal in question.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Energy
- Category: Energy trade
- Company: Platts
- Product:
- Acronym-Abbreviation:
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