SRB: Releases Stocks of Cu, Al and Zn- 2nd Batch
22/07/21 | Zinc
Aladdiny News SRB (State Reserve Bureau) is ready to release a 2nd batch of copper, aluminium and lead stocks in late July, including 30 kt of copper, 90 kt of primary aluminium and 50 kt of zinc, SRB released 20 kt of copper, 50 kt of primary aluminium and 30…
Guosen Zn Suspends Mining Activities
19/03/21 | Zinc
Asian Metal News Guosen Mining, a major lead zinc miner in Zhalantun, eastern IM, suspended operations last Wednesday in response to government requirements for energy consumption control. Guosen had produced 2.5 kt of zinc concentrates in March before halting operations. According to an internal source, the company suspended operations a…
IM Pb/Zn Smelters to Cut Operations in Q2 2021
18/03/21 | Zinc
Shanghai Nonferrous Metals News According to ‘Measures for Completing Energy Consumption Control Targets during the 14th Five-year plan period (2021~2025)’, released by the Inner Mongolia Autonomous Region, local lead/zinc miners and zinc smelters are required to keep their total 2021 energy consumption stable y-o-y. According to SMM, local zinc smelters…
Domestic Zn Miner Operational Rate of 67.7% in September
20/10/20 | Zinc
Shanghai Nonferrous Metals News SMM: Domestic zinc miners’ operational rates increased to 67.7% in September 2020, up by 6.4% on-month but down 10.6% on-year. Some large zine miners such as Guosen Mining and Huidong Daliang Mining ramped up operations after maintenance in September. Others such as Guigang Ming and Dongshengmiao…
546 kt of Refined Zn Output in September
22/09/20 | Zinc
Shanghai Nonferrous Metals News China produced 280.3 kt of zinc concentrates in August, down 3.1% m-o-m and down 22.1% y-o-y. Covid-19 has previously interrupted mining operations and curbed overall domestic zinc concentrate supply. Domestic PC charges are still at a high level showing an uptick of RMB300/t from a low…
Domestic Zn Producers May See Increased Profits for H2 2020
14/09/20 | Zinc
China Nonferrous Metals News Domestic zinc producers have been buckling under low prices and poor performance during H1 2020. However, with domestic zinc prices rebounding since end-March and reached a high point of RMB20,385/t, both domestic zinc miners and smelters have seen profit margins grow and have, consequently, increased operations.…
Domestic Zn Output on the Rise
10/09/20 | Zinc
Shanghai Nonferrous Metals News SMM: China produced 509.1 kt of refined zinc in August up 3.3% m-o-m and up 1.98% y-o-y. China’s accumulated refined zinc output in the year to August reached 3.87 mln t, up 3.68% y-o-y. August monthly output beat July expectations as a result of PC charges…
Chihong Zn & Ge: 1H 2020 Operational Revenue of 8.26 bln
01/09/20 | Zinc
Shanghai Nonferrous Metals News Yunnan Chihong Zinc & Germanium Co., Ltd. realized an operating income of RMB8.26 bln during 1H 2020, down 15.21% y-o-y. Net profit attributable to shareholders of listed companies was RMB369 mln, down 47.08% y-o-y. The company produced 160.7 kt of lead and zinc metal during H1…
Zhuzhou Smelter Group: 229 kt of Zn Output for H1 2020
27/08/20 | Zinc
China Commodity Marketplace The operating revenue of Zhuzhou Smelter Group was RMB7.28 bln in H1 2020 up 73.79% y-o-y. The net profit attributable to shareholders of listed companies was RMB94 mln. Zhuzhou Smelter Group produced 229 kt of zinc in H1 2020, with production costs under control. Source
