SPCC-ILO Smelter Resumes Full Production, Despite Earlier Production Halt

Published: Mar 28, 2025 11:15

Save

According to foreign media reports, the SPCC-ILO smelter under Raul Jacob, CFO of Southern Copper in Mexico, had previously suspended production for "slightly more than a day" and has now resumed full production. The smelter stated that there are no issues with the supply of copper concentrates. Earlier market reports suggested that the smelter had planned to cancel a long-term contract for April shipments with downstream customers due to raw material issues.

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

32 mins ago

Data: SHFE, DCE market movement (Apr 03)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 03 Apr , 2026

32 mins ago

49 mins ago

Cautious Procurement and Slow Pickup Pace Lead to Stable Copper Cathode Rod Operating Rates

【SMM Copper Cathode Rod Flash Update】Inventory side, affected by higher copper prices, enterprises became more cautious in raw material procurement, and raw material inventory pulled back; downstream pick-up pace was relatively slow, with enterprises basically balancing production and sales, and finished product inventories edging down slightly. Next week, the operating rate of copper cathode rod enterprises is expected to be stable with a slight decline, and SMM expects the operating rate to pull back MoM to 82.58%.

49 mins ago

2 hours ago

Volatile Macro Conditions and Improving Fundamental Demand Supported Copper Prices [SMM Macro Weekly Review]

2 hours ago