LME Copper to Fall Back (2016-6-15)

During China's National Day holiday, SHFE zinc trading was suspended, while LME zinc followed an overall 'down first, then up' trajectory.

Vedanta Aluminium’s Q2 FY2027 alumina production surged 37% year on year to a record 895,000 tonnes, while aluminium output rose 5% to 649,000 tonnes, taking first-half aluminium production to 1.28 million tonnes, up 5% year on year.

Sumitomo Chemical has established mass production of 4-inch Indium Phosphide (InP) epitaxial wafers at its Ibaraki Works and begun commercial sales, becoming one of the few Japanese epi houses capable of stable volume production. The products target photonic-electronic convergence devices for AI data centers and high-speed networks. The company aims to generate approximately JPY10 billion in InP epiwafer sales by the mid-2030s. SMM views the move into commercial production as a direct addition to Japan’s InP material supply and supportive of medium-term high-purity indium demand. Annual wafer capacity, output and indium consumption were not disclosed.