The surge in sulfuric acid prices has turned a byproduct into a valuable revenue stream for copper smelters. Capstone Copper CFO Raman Randhawa said some companies in the industry have arranged acid-for-copper swap agreements to help both parties lock in necessary raw materials at more reasonable costs. He described current sulfuric acid prices as u201cextremely abnormal and jaw-dropping,u201d while noting copper prices have exceeded expectations. Sulfur prices have risen nearly tenfold due to Strait of Hormuz disruptions.
Source: China Energy News / Cailianshe
