Zinc price trades near one-year high as market weighs supply risks

Zinc traded close to a one-year high as metals markets looked past delays to US monetary easing to focus on looming supply risks.

Korea Zinc agrees 40% fee cut to turn Teck’s mined zinc into metal

Canadian miner Teck Resources has agreed to pay Korea Zinc $165 per metric ton, a three-year low, to turn its zinc concentrate into refined metal, according to two sources familiar with the matter.

Australia’s lithium producers see signs market is stabilizing

Pilbara Minerals said on Thursday it saw signs the lithium market was stabilizing as Australia’s top producers reported a slump in earnings and took steps to ride out slowing demand for the raw material of electric vehicle batteries.

Trafigura delivers zinc to LME warehouses for lucrative rent deals

Commodity trader Trafigura has delivered large amounts of zinc to London Metal Exchange warehouses in Singapore under lucrative rent-sharing deals, three sources familiar with the matter said, pushing stocks there back towards November’s 20-year peak.

Trafigura delivers zinc to LME warehouses for lucrative rent deals

Commodity trader Trafigura has delivered large amounts of zinc to London Metal Exchange warehouses in Singapore under lucrative rent-sharing deals, three sources familiar with the matter said, pushing stocks there back towards November’s 20-year peak.

Boliden plans to cut output and jobs at Tara zinc mine

Swedish miner Boliden’s plans to shrink operations and reduce targeted output at its Tara zinc mine in Ireland when it restarts this year, a source close to the matter told Reuters.

US sanctions Russian metals magnate Sviblov and gold, zinc firms

Mining News Pro - The US imposed sanctions on Russian mining magnate Vladislav Sviblov and several mining companies connected to him, including one that’s developing one of the world’s largest zinc mines.

Three initiatives lead the way in decarbonizing steel production

Mining News Pro - Electrical equipment multinational ABB released a report spotlighting three initiatives that are using carbon capture technology, hydrogen and electrochemistry as routes to decarbonizing primary steel production.

Nyrstar to suspend operations at two US zinc mines

Mining News Pro - Nyrstar said it plans to temporarily close two zinc mines in the US state of Tennessee at the end of November due to weak prices and the impact of inflation, a third shutdown of zinc operations by producers in recent months.

Zinc market shifts to oversupply but where’s the metal?

Mining News Pro - Zinc has been the second weakest performer among the London Metal Exchange (LME) base metals pack so far this year.

Glencore-backed zinc miner is getting crushed in the debt market

Mining News Pro - A Peruvian zinc miner has seen its bonds tumble to an all-time low as investors grow increasingly concerned about its ability to refinance maturing debt and Swiss commodities giant Glencore Plc looks to sell its controlling stake.

Hyundai to invest $400 million for stake in Korea Zinc

Mining News Pro - Hyundai Motor Group will buy a 5% stake in Korea Zinc Co., the world’s largest smelter for non-ferrous metals, as part of its effort to ensure access to key metals used in making electric-car batteries.

London aluminum, zinc on track for best week since January

Mining News Pro - Aluminum and zinc prices in London were heading for their biggest weekly gain since January, as a weaker dollar made greenback-priced metals cheaper to holders of other currencies.

The world’s appetite for solar panels is squeezing silver supply

Mining News Pro - Changes to solar panel technology are accelerating demand for silver, a phenomenon that’s widening a supply deficit for the metal with little additional mine production on the horizon.

Zinc price jumps after Boliden suspends operations at Irish mine

Mining News Pro - Zinc prices climbed to a three-week high on Wednesday after Swedish miner Boliden said it will suspend production at Europe’s largest zinc mine in Ireland within the next month because of “unsustainable financial losses”.

Zinc price could hit $2,000/t by 2025 on ballooning surplus

Mining News Pro - Refined zinc prices are expected to be on a downward trend until 2025, as weak demand growth failed to match with a surge in production, analysts said.

Increasing and stabilizing the efficiency of MSC’s hot rolling mill production line to 99 percent

Mining News Pro - Manager of hot rolling mill in Mobarakeh Steel company says that in this line, in addition to paying attention to production increment, the quality of the products has also been improved.

Historically low stocks behind spike in zinc price for delivery tomorrow

Mining News Pro - Prices of London Metal Exchange (LME) zinc for delivery tomorrow traded at a large premium on Monday over prices for the following day due to buying fuelled by nervousness about availability in the LME system as stocks hit historic lows.

Receiver named for assets of Trevali’s Caribou zinc mine in New Brunswick

Mining News Pro - Last summer, Trevali Mining applied for relief under the Companies’ Creditors Arrangement Act (CCAA) and was granted the initial order in August. The next month it delisted its shares from the Toronto Stock Exchange. And this week, a receiver was appointed for the company’s assets at its Caribou lead-zinc-silver mine in New Brunswick.

California Steel Industries to Build Galvanizing Line at Fontana Mill

Mining News Pro - Nucor Corporation (NYSE: NUE) announced today that California Steel Industries, Inc. (CSI) will build a continuous galvanizing line at its mill in Fontana, California.

Responsible copper mining framework extended to nickel, zinc and molybdenum

Mining News Pro - Brülhart says smelters and refiners that have been audited are not included in this figure to eliminate the possibility of double counting as metal passes through the supply chain.

NorZinc agrees on sale to shareholder RCF

Mining News Pro - In a move to ensure the long-term viability of its Prairie Creek project located in the Northwest Territories, NorZinc (TSX: NZC) has agreed to a sale to RCF VI CAD LLC following a unanimous decision by the board of directors, which has been working to address the company’s financial challenges, namely limited cash and negative working capital, to fund the project’s development.

Boliden declares force majeure on zinc amid Norway strike

Mining News Pro - Swedish miner Boliden has declared force majeure on zinc deliveries to Europe due to a strike among Norwegian electrochemical industry workers, although some production is still running, a company spokesperson said on Tuesday.

Copper deficit a critical destabilizing threat to international security

Mining News Pro - Copper scarcity may emerge as a key destabilizing threat to international security in the 21st century, an analysis by S&P Global found this week.

Nyrstar’s shut Dutch smelter invigorates zinc bulls

Mining News Pro - Expectations of deeper production cuts in Europe, shortages and dwindling stocks after high energy costs forced Nyrstar to shut its zinc smelter in the Netherlands have bolstered zinc’s price prospects.

Esfahan Mobarakeh Steel co.
HOSCO
khuzestan steel
chadormalu Co.
ghadir neiriz co
IranAluminaJaajarm
sangan steel
ahan o fulad golgohar