Growing Disqualified Secondary Lead Smelters Shut down

Published: Jan 8, 2016 17:37

Save

A growing number of disqualified secondary lead producers halted operation in this past week due to stricter environmental protection inspection and thin profits, SMM understood.

SHANGHAI, Jan. 8 (SMM) – A growing number of disqualified secondary lead producers halted operation in this past week due to stricter environmental protection inspection and thin profits, SMM understood.

More producers will shut down after January 20 with upcoming Chinese New Year holiday.

Rise in scrap battery prices narrowed profits at secondary lead producers. Average price of scrap motive batteries and automobile batteries (white shell) came in at 7,265 yuan per tonne and 6,760 yuan per tonne this week, up 9 yuan per tonne and 16 yuan per tonne, respectively. This grew smelting costs by 14-27 yuan per tonne.

Secondary lead prices were mainly at 12,550-12,750 yuan per tonne with average price at 12,650 yuan per tonne, falling 13 yuan per tonne from last week.

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

secondary lead prices secondary lead

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 for 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

1 hour ago

[SMM Flash] Jubilee Reviews Interest in Undeveloped Tjate PGM Project

Jubilee Metals said in its 14 September operational update that several companies had expressed interest in its Tjate PGM project and that it was reviewing the approaches as part of a strategic review. Jubilee retained the South African asset after selling its other chrome and PGM operations; Miningmx reported that a disposal is under consideration as the company focuses on Zambian copper. A sale could transfer responsibility for developing Tjate. Expressions of interest are neither a sale agreement nor financing commitments, and no production timetable has been announced. Any contribution to PGM supply depends on future development decisions.

1 hour ago

[SMM Flash] Sylvania Reviews Thaba Plan After Lower Feed-Grade Estimates

Sylvania Platinum said in its 15 September annual results that an updated geological model indicated chrome and PGM feed grades at its Thaba joint venture could be below original assumptions. Miningmx reported estimated shortfalls of 15–20% for PGM grades and 8–12% for chrome grades against earlier targets. Sylvania’s FY2026 group output of 95,885 4E PGM oz includes operations beyond Thaba. The partners are reviewing the mine plan, with an updated life-of-mine plan expected in three to six months. Management says Thaba remains profitable under current assumptions. Lower grades could reduce recoverable metal and project returns; the revised plan and profitability outlook remain subject to that review.

1 hour ago

2 hours ago

[SMM Flash] Northam Invites Parties into Strategic Transaction Process

Northam Platinum Holdings said on 16 September that it had sent invitations to parties its board and management identified as credible potential participants in its competitive process for possible strategic transactions. The company announced the process on 25 August. Northam said it had received no offer as defined under South Africa’s Companies Act and was not negotiating an affected transaction with any party. Its cautionary announcement remains in place. The invitations advance a process involving a major PGM producer, but establish neither an agreed transaction nor a change in production.

2 hours ago