Lead-Zinc Mines, Smelters in Hunan Return to Production after Environmental Protection, SMM Reports

Published: Jun 1, 2017 10:42
Many lead-zinc mines and smelters in Huayuan County, Hunan Province restarted production recently after environmental protection inspections, SMM reported.

SHANGHAI, Jun. 1 (SMM) - Many lead-zinc mines and smelters in Huayuan County, Hunan Province restarted production recently after environmental protection inspections, SMM reported.

With approval by the Party Central Committee and the State Council, seven central environmental protection teams of the third round of environmental protection inspections in China entered Tianjin, Shanxi, Liaoning, Anhui, Fujian, Hunan and Guizhou during April 24-28, 2017. Such inspections by the seven teams had been completed as of May 28.

Tianjin for the First Time Finds Short-Weight in Zinc Concentrate Imported from Africa

Huayuan’s government has been dealing with goaf from July 2016. Unqualified mines were required to suspend production. Local mines closed across the board from April after entry of central environmental protection teams. This also affected zinc smelters and forced them to cease production in mid-to-late April.

Some 10,000 tonnes of zinc ingot output was affected during April-May, SMM understands.

After the third round of environmental protection inspections, some mines that have passed such inspections plan to resume operation during late May-early June. Smelters also returned to production recently.

Some zinc ingot will flow to the market in mid-June, SMM predicts. Production at zinc smelters will recover to 70-80%.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 

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
SMM Zinc Ingot Inventory Down 400mt from May 25, Up 3,700mt from May 28 Across Seven Regions
1 hour ago
SMM Zinc Ingot Inventory Down 400mt from May 25, Up 3,700mt from May 28 Across Seven Regions
Read More
SMM Zinc Ingot Inventory Down 400mt from May 25, Up 3,700mt from May 28 Across Seven Regions
SMM Zinc Ingot Inventory Down 400mt from May 25, Up 3,700mt from May 28 Across Seven Regions
[SMM News Flash]Based on SMM's communications, as of Monday (June 1), SMM's total zinc ingot inventory across seven regions stood at 264,600 mt, down 400 mt from May 25 but up 3,700 mt from May 28, with China's inventory increasing.
1 hour ago
Driven by LME, SHFE Zinc Opened Lower with a Gap [SMM Zinc Morning Comment]
3 hours ago
Driven by LME, SHFE Zinc Opened Lower with a Gap [SMM Zinc Morning Comment]
Read More
Driven by LME, SHFE Zinc Opened Lower with a Gap [SMM Zinc Morning Comment]
Driven by LME, SHFE Zinc Opened Lower with a Gap [SMM Zinc Morning Comment]
[SMM Zinc Morning Comment] Overnight, the most-traded SHFE zinc 2607 contract opened lower with a gap at 24,880 yuan/mt. At the beginning of the session, SHFE zinc briefly touched a high of 24,885 yuan/mt before bulls reduced their open interest, sending prices rapidly lower. Near the end of the session, it dipped to a low of 24,630 yuan/mt, ultimately closing down at 24,665 yuan/mt, a decline of 300 yuan/mt or 1.20%. Trading volume fell to 67,517 lots, and open interest decreased slightly by 128 lots to 109,000 lots.
3 hours ago
Inventories Outside China Increased, LME Zinc Recorded a Small Bearish Candlestick [SMM Morning Meeting Summary]
3 hours ago
Inventories Outside China Increased, LME Zinc Recorded a Small Bearish Candlestick [SMM Morning Meeting Summary]
Read More
Inventories Outside China Increased, LME Zinc Recorded a Small Bearish Candlestick [SMM Morning Meeting Summary]
Inventories Outside China Increased, LME Zinc Recorded a Small Bearish Candlestick [SMM Morning Meeting Summary]
[SMM Morning Meeting Minutes: Inventories Outside China Increase, LME Zinc Posts a Small Bearish Candlestick] Overnight, LME zinc opened at $3,556.5/mt. Early in the session, LME zinc fluctuated upward to a high of $3,585/mt. As European trading hours began, bears increased their open interest and prices pulled back continuously from the highs. Near the end of the session, it dipped to a low of $3,531.5/mt, ultimately closing lower at $3,543.5/mt, down $15.25/mt, a decline of 0.43%. Trading volume increased to 108,000 lots, and open interest increased by 2,300 lots to 230,000 lots.
3 hours ago