Fresnillo plc Reports Q4 2025 Zinc Concentrate Rise, 2025 Drop, 2026 Guidance

Published: Jan 28, 2026 16:35

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[Zinc Concentrate Production Information] Fresnillo plc released its Q4 2025 report, which showed its Q4 zinc concentrate metal content was 27,500 mt, an increase of 11% QoQ, primarily benefiting from higher ore grade at the Fresnillo mine. Its total zinc concentrate production for 2025 was 105,900 mt, a decrease of 9% YoY, mainly due to lower ore grade and reduced ore processing volume at the Fresnillo mine, the cessation of mining activities at the San Julián–DOB mine, and the suspension of zinc production at the Juanicipio mine starting August 2025. This impact was partially offset by higher ore grade at the Saucito mine, as well as improved ore grade and increased processing volume at the Juanicipio mine. Its zinc concentrate production guidance for 2026 is 85,000-95,000 mt.

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