TC/RC (Treatment and refining charges for Processing concentrations) can be translated into the processing and refining costs of converting copper concentrates to refined copper.
TC is the processing charges or roughing fees, and RC is the refining charges.
TC/RC is the cost paid by the miners and traders to the smelter for processing the copper concentrate into fine copper. TC is quoted in USD/ton copper concentrate and RC is quoted in cents/lb copper. Combining the two into a single number, you can quote TC to cents/lb, or you can convert RC to USD/ton quotes and add them directly. Take the TC as an example. TC divided by 22.046221 into cents/lb, divided by 0.3 (usually TC/RC is based on copper concentrate with 30% copper content), divided by 0.965 (if 96.5% Recovery rate). This calculation method can be simplified to "TC Cost / 6.38", and then the resulting figures and RC costs can be added to get comprehensive TC / RC costs. Because the ore grade and recovery rate are different, it depends on the specific situation, so there is no fixed formula.
TC is the processing charges or roughing fees, and RC is the refining charges.
TC/RC is the cost paid by the miners and traders to the smelter for processing the copper concentrate into fine copper. TC is quoted in USD/ton copper concentrate and RC is quoted in cents/lb copper. Combining the two into a single number, you can quote TC to cents/lb, or you can convert RC to USD/ton quotes and add them directly. Take the TC as an example. TC divided by 22.046221 into cents/lb, divided by 0.3 (usually TC/RC is based on copper concentrate with 30% copper content), divided by 0.965 (if 96.5% Recovery rate). This calculation method can be simplified to "TC Cost / 6.38", and then the resulting figures and RC costs can be added to get comprehensive TC / RC costs. Because the ore grade and recovery rate are different, it depends on the specific situation, so there is no fixed formula.
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