LME Reduces Daily Price Change Limits for Lead and Zinc to 12% Effective June 8

[Zinc Concentrates Production Information] Gold Resource disclosed its Q1 2026 production. Its zinc metal content production was 1,143 mt during the quarter. Total ore processed during the quarter was 74,444 mt, an increase of 31% compared to the same period in 2025. Gold and silver production increased by 126% and 54%, respectively. Copper, lead, and zinc production also increased by 39%, 36%, and 64%, respectively.

[Ex-China Lead Market Dynamics] It was learned that lead smelters in Malaysia reported insufficient supply of used lead-acid batteries in the local market, which constrained lead smelting capacity utilization rates. Currently, the operating rate of factory production lines was only 50-60%, with monthly production of over 2,000 mt. Moreover, due to tight supply of high-grade lead ingots (lead content ≥99.99%) in the Southeast Asian market, refined lead output had been in a state of undersupply over the past two months.