Terramin Begins Development Work on Algeria’s $471M Tala Hamza Zinc-Lead project

Published: Apr 7, 2026 19:57

Save

Terramin has begun site preparation for the Tala Hamza zinc and lead project in Algeria, following lengthy delays caused by land access issues that have now been resolved by the government. The project, one of the world’s largest undeveloped zinc deposits, will require an estimated $471 million in total investment and is expected to produce approximately 170,000 tonnes of zinc and 30,000 tonnes of lead annually. This initiative supports Algeria’s efforts to diversify its economy and enhance its position in the global base metals market.

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

13 mins ago

Indonesian Ministry Approves Environmental Feasibility for Dari Lead-Zinc Mine Project

According to an announcement by NFC, on April 2, 2026, Zhongse Indonesia Dari Mining Co., Ltd., a holding subsidiary of China Nonferrous Metal Industry's Foreign Engineering and Construction Co., Ltd., obtained the "Environmental Feasibility Decision (SKKL) on Mining Activities of Lead-Zinc Ore by Dari Mining in SilimaPungga-Pungga Township, Dari County, North Sumatra Province" issued by the Ministry of Environment of the Republic of Indonesia. According to NFC's disclosure, the mine is an underground mine with a designed capacity of 1 million mt/year. As of 2024, the total resources/reserves of the Dari lead-zinc mine were: ore volume of 20.7009 million mt, zinc metal content of 2.2562 million mt, lead metal content of 1.3203 million mt, with an average zinc grade of 10.90% and an average

13 mins ago

2 hours ago

SHFE Zinc Opened Higher with a Gap Last Night, but Prices Still Faced Some Resistance Above [SMM Zinc Morning Comment]

[SMM Zinc Morning Comment] Overnight, the most-traded SHFE zinc 2605 contract opened higher with a gap at 23,920 yuan/mt. At the beginning of the session, SHFE zinc briefly touched a high of 23,970 yuan/mt before futures pulled back under pressure, hitting a low of 23,725 yuan/mt during the session. Towards the close, it rebounded slightly to maintain a fluctuating trend, ultimately closing up at 23,820 yuan/mt, up 90 yuan/mt or 0.38%. Trading volume increased to 53,312 lots, and open interest increased by 337 lots to 78,650 lots.

2 hours ago

Strong Wait-and-See Sentiment in the Market, LME Zinc Center Moves Higher [SMM Morning Meeting Minutes]

[SMM Morning Meeting Minutes: Strong Wait-and-See Sentiment in the Market, LME Zinc Center Moves Higher] Overnight, LME zinc recorded a bullish candlestick, with the upper Bollinger Bands rail exerting pressure from above and the 10/20-day moving averages providing support from below. The market adopted a wait-and-see attitude ahead of the deadline set by the US, the US dollar index declined, and the LME zinc center rose. Attention is on the upcoming US-Iran negotiations.

2 hours ago