Domestic Zn Output Growing Gradually
18/07/19 | Zinc
Shanghai Nonferrous Metals News Domestic refined zinc output has been rising gradually following the resumption of operations at large smelters, consequently driving up demand for zinc concentrates. Domestic zinc smelters have been keen to produce, with PCs (processing charges) for imported zinc concentrates stable at a historical high point, boosting…
300 ktpy Zn Alloy Project for Zhuzhou Smelters Group
13/03/19 | Zinc
Fubao News 7th March: Backed by total investments of RMB 338 mln, Zhuzhou Smelters Group has begun construction of a 300 ktpy zinc alloy project at the Nanzhou Industrial Park in the Lukou District, Zhuzhou Hunan. The project includes a 194 ktpy hot-dip galvanized zinc alloy production line, a 100…
Domestic Zn Inventories Lift Slightly
06/03/19 | Zinc
Shanghai Nonferrous Metals News SMM: At the beginning of the week, domestic social zinc inventories reached 218.1 kt, up 3.3 kt from last Friday and up 5.7 kt from last Monday. With downstream producers returning to normal operations after the Chinese New Year holiday, social zinc inventories at Shanghai, Guangdong…
Large Pb/Zn Deposit Discovered in Guizhou
27/02/19 | Zinc
China Nonferrous Metals News The ‘Geology Report of the Zhugongtang Lead and Zinc Mine at Hezhang County, Guizhou Province’ has passed expert assessment. According to the report, a total of 2.76 mln t of lead and zinc was discovered at the Zhugongtang site, marking it the first super-large lead and…
China’s Zn Concentrate Imports: 300 kt in Jan. 2019
27/02/19 | Zinc
Shanghai Nonferrous Metals News SMM: China’s zinc concentrate imports declined by 39.2 kt on-year to 301.4 kt (actual tonnes) in January 2019. Australia, Peru and Spain were the top three zinc concentrate exporters to China, with exports of 123 kt, 42 kt and 23.9 kt respectively, accounting for 41%, 14%…
Safety Operation Checks Across IM
26/02/19 | Zinc
Shanghai Nonferrous Metals News 25th February: Inner Mongolia Autonomous Region Security Committee called an emergency meeting on safety operation inspection across the entire region, in a bid to analyze problems exposed by the mine tunnel traffic accident at Yinman Mining on 23rd February and to prevent similar accidents in future…
Major Traffic Accident at Yinman Pb/Zn Mine Tunnel in IM
26/02/19 | Zinc
Shanghai Nonferrous Metals News 23rd February: A major traffic accident occurred at the Yinman Lead and Zinc mine in IM, during transportation of workers to the underground mine site. The vehicle ran out of control due to brake failure, causing 24 deaths and 29 injuries. Yinman Mining is a subordinate…
Domestic PCs for Zn Concentrates Rise
20/02/19 | Zinc
China Nonferrous Metals News Processing charges (PC) for zinc concentrates surged by RMB 500/t on-month in January 2019 to RMB 5,900/t, an eight year high point. Looking forward, domestic PCs are expected to climb further to RMB 6,000/t. Due to limited smelting capacities at major large smelters – and despite…
Domestic Zn Inventory Increases
13/02/19 | Zinc
China Nonferrous Metals News 11th February, the first trading day after the Chinese New Year Holiday, zinc futures prices at SHFE fell rapidly by RMB 695/t or 3.12% from the previous point, closing at RMB 21,610/t. As of 11th February, domestic zinc inventory (zinc ingots) was 189.6 kt, an increase…