Lundin Mining said Q2 revenue should benefit from about $79 million (pre-tax) from provisional pricing adjustments tied to prior-period concentrate sales, driven mainly by higher copper prices on previously sold material. The company’s update suggests a modest tailwind to revenue near-term, but it is tied to past shipments rather than new volumes.
Lundin Mining said Q2 revenue should benefit from about $79 million (pre-tax) from provisional pricing adjustments tied to prior-period concentrate sales, driven mainly by higher copper prices on previously sold material. The company’s update suggests a modest tailwind to revenue near-term, but it is tied to past shipments rather than new volumes.
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