Gamsberg Zinc Mine Project to Recover Output at Vedanta Subsidiary

Published: Aug 25, 2017 19:17

Save

The Gamsberg zinc mine project will help annual output at Zinc International recover to above 300,000 tonnes.

SHANGHAI, Aug. 25 (SMM) – The Gamsberg zinc mine project will help annual output at Zinc International recover to above 300,000 tonnes.

CNMC Signs MOU with Australia Zinc Explorer on Lead-Zinc Mine Project

Zinc International has invested over 80% of the $400 million construction cost for the first phase of Gamsberg zinc mine project whose service life is expected to be 13 years.

Zinc Deficit Unlikely Ease in Foreseeable Future without Large Zinc Mine Projects

The mine will offset losses from the shutdown at Lisheen mine. Zinc International is a subsidiary of Vedanta Resources'.

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

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

Gamsberg zinc zinc output

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

15 mins ago

This week, contract rollover led to a decline in premiums [SMM Tianjin Zinc Spot Weekly Review]

[Contract rollover this week, premiums down]: Spot premiums in Tianjin edged down this week, falling 10 yuan/mt WoW. As of Friday this week, ordinary domestic brands were quoted at a discount of 0-150 yuan/mt against the 2610 contract, high-priced brands at a premium of 70 yuan/mt against the 2609 contract, and Tianjin cargoes at a discount of 50 yuan/mt against Shanghai cargoes, with quotes rolled over this week.

15 mins ago

39 mins ago

Tianjin Zinc: Zinc Prices Remain High, Downstream Restocking Only for Essential Needs [SMM Midday Commentary]

[Tianjin Zinc: Zinc Prices Remain High, Downstream Restocking Only for Essential Needs] In the Tianjin market, #0 zinc ingot was mainly traded at 26,590-26,840 yuan/mt, Zijin was traded at 26,780-26,910 yuan/mt, #1 zinc ingot was traded near 26,590-26,730 yuan/mt, Zijin was quoted at a premium of 0-120 yuan/mt against the 2610 contract, Huxin was quoted at 28,035 yuan/mt, #0 zinc ingot was quoted at a discount of 0-120 yuan/mt against the 2610 contract, and the Tianjin market was quoted at a discount of 50 yuan/mt against the Shanghai market.

39 mins ago

45 mins ago

Shanghai Zinc: Futures Zinc Prices Consolidate at Highs, Downstream Enterprises Purchase on Demand [SMM Midday Commentary]

[Shanghai Zinc: Futures Zinc Prices Consolidate at Highs, Downstream Enterprises Purchase on Demand] Today, mainstream transaction prices for #0 zinc were concentrated at 26,655-26,800 yuan/mt, with no transactions for Shuangyan, and mainstream transaction prices for #1 zinc were at 26,585-26,730 yuan/mt. In early trading, the market quoted a premium of 50-60 yuan/mt against the SMM average price, with no quotes against futures yet...

45 mins ago