Russia's Ozernoye Plant Resumes Zinc Concentrate Production, Aiming for Global Top 5 Output by 2025

Published: Sep 5, 2024 09:42

Save

[SMM Flash] According to foreign reports, Russia's Ozernoye plant resumed zinc concentrate production this Wednesday after delays caused by a fire and US sanctions last year. Located in a remote area approximately 200 kilometers from the Mongolian border, Ozernoye aims to reach full-scale production of 6 million tons of ore by 2025, with a zinc concentrate output of up to 600,000 tons containing 53% zinc and a lead concentrate output of up to 82,000 tons containing 50% lead. The plant's concentrate output will rank fifth globally.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

3 hours ago

Supply and Energy Impacts Outside China Continued, and LME Lead Showed an Upward Fluctuating Trend [SMM Lead Morning Brief]

[SMM Lead Morning Briefing: The Impact of Supply and Energy outside China Continued, and LME Lead Fluctuated Upward] SMM News on March 31: Overnight, LME lead opened at $1,904.5/mt. The impact of geopolitical developments outside China recurred, while the effects of supply and energy on nonferrous metals intensified, and LME lead fluctuated upward throughout the day......

3 hours ago

Macro and Fundamental Bullish and Bearish Factors Coexist, Lead Prices May Continue to Consolidate in the Short Term [SMM Lead Morning Meeting Minutes]

[SMM Lead Morning Meeting Summary: Macro Factors and Fundamentals Present Both Bullish and Bearish Signals, and Lead Prices May Continue to Consolidate in the Short Term] Fed Chairman Powell released dovish signals, and the market once again bet on the possibility of an interest rate cut within the year. Recently, production at primary lead and secondary lead smelters has resumed, supply has been relatively ample, and imported lead has continued to flow into China...

3 hours ago

15 hours ago

Dubai Crude Lead FOB Price at LME Spot + $120: SMM Report

[Imported Lead Market Update] According to SMM, the recent FOB price of Dubai crude lead (99.985%) was the LME spot price + $120.

15 hours ago