SMM 2017 Lead & Zinc Summit: Outlook of Zinc Downstream Industries

Central Asia Metals (CAML) announced that, thanks to improved operational efficiencies, its copper and zinc production for the first five months of 2026 both surpassed the same period last year. Copper output from the Kounrad operation in Kazakhstan totalled 5,141 tonnes, a near 4% increase over the last year. Meanwhile, the Sasa mine in North Macedonia produced 7,566 tonnes of zinc in concentrate, up over 2% compared to last year. In terms of pricing, the company reported significantly higher realized metal prices during the period. The average price of copper reached $13,076 per tonnes, representing a massive jump of nearly 40% over the last year, while average zinc prices rose 19% to $3,299 per tonne. In addition, historically low treatment charges for lead, which have turned negative, further boosted Sasa’s revenues. CEO Gavin Ferrar noted that the group is shaping up to deliver strong profitability and cash generation in the first half of 2026. Currently, the company is actively pushing forward with its acquisition of Australia's Cygnus Metals, announced last week, to expand its footprint into a high-grade copper-gold project in Quebec, Canada. The company remains highly confident in meeting its full-year production guidance (12,000–13,000 tonnes of copper, 18,000–20,000 tonnes of zinc concentrates, and 26,000–28,000 tonnes of lead concentrates).

[SMM 아연 조간 회의 요약: LME 재고 저수준 유지, LME 아연 고점 변동]: 밤사이, LME 아연은 $3,591/톤에 개장하여 개장 후 상승 변동하다가 $3,623/톤의 고점을 기록한 뒤, 계속해서 하락하며 장중 $3,568/톤까지 밀렸고, 최종적으로 $3,584.5/톤에 마감하며 $1.5/톤(0.04%) 상승했습니다. 거래량은 11,715랏으로 감소했습니다...

[SMM 아연 모닝 코멘트: 중국 아연 잉곳 재고 증가, 약한 소비가 아연 가격 하락 견인] 밤사이, SHFE 아연 2608 최근월물 계약은 24,840위안/톤에 개장했다. 개장 후, SHFE 아연은 일평균선 부근에서 횡보하며 장중 24,860위안/톤까지 올랐고, 막판에 24,785위안/톤까지 저점을 낮췄다. 결국 24,820위안/톤으로 하락 마감해, 55위안/톤 내린 0.22% 하락세를 보였다.