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Home / Metal News / Luoping Zinc & Electricity resumes mine in Guizhou

Luoping Zinc & Electricity resumes mine in Guizhou

Jun 14, 2019 08:51

Source:SMM

The expiration of a mining permit caused the mine to suspend from Aug 2018

SHANGHAI, Jun 14 (SMM) – Luoping Zinc & Electricity resumed operations at its lead-zinc mine in Guizhou on Wednesday June 13, after it received approval from the local government, according to Yunnan-based miner late Wednesday.

The expiration of a mining permit suspended the mine from August 2018.

Zinc

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SMM data showed that social inventories of refined zinc ingots across Shanghai, Tianjin, Guangdong, Jiangsu, Zhejiang, Shandong and Hebei decreased 12,100 mt in the week ended June 25 to 116,500 mt. The stocks fell 6,400 mt from Monday June 21.

Jun 25, 2021 14:44

Analysis

Zinc social inventories shrank 12,100 mt on week

SMM Morning Comments (Jun 25): Shanghai base metals mainly increased after agreement was reached on Biden’s infrastructure plan.

Shanghai base metals basically went up in the overnight trading after an agreement was reached between democratic and republican parties on Biden’s 579 billion infrastructure plan. LME base metals mostly increased as well.

Jun 25, 2021 10:00

SMM Comments

SMM Morning Comments (Jun 25): Shanghai base metals mainly increased after agreement was reached on Biden’s infrastructure plan.

SMM Morning Comments (Jun 24): Shanghai base metals rose across the board as US Markit PMI hit a new high

Shanghai base metals all went up on Wednesday night as the US June Markit PMI for manufacturing industry registered 62.6. LME base metals all rose as well.

Jun 24, 2021 10:00

SMM Comments

SMM Morning Comments (Jun 24): Shanghai base metals rose across the board as US Markit PMI hit a new high

Zinc social inventories dip as lower prices boost purchases

Lower prices of zinc below the 2,000 yuan/mt level prompted downstream consumers to stockpile

Jun 24, 2019 11:15

Analysis

Zinc social inventories dip as lower prices boost purchases

More arrivals, downstream purchases limitedly grow zinc inventories

Inflows of domestic and seaborne materials continued to grow social inventories in Shanghai this week

Jun 21, 2019 11:03

Analysis

More arrivals, downstream purchases limitedly grow zinc inventories

Luoping Zinc & Electricity suspends mine in Guizhou as production permit expires

The mine has an annual zinc concentrate capacity of 24,000 mt in Zn content

Jun 20, 2019 10:46

Reminder

Luoping Zinc & Electricity suspends mine in Guizhou as production permit expires

SMM Morning Comments (Jun 19)

SMM Morning Comments

Jun 19, 2019 10:07

SMM Comments

Zinc prices to face further pressure from inventory, seasonal lull

Backwardation eased as the spread between the Jun and Jul contract narrowed to around 200 yuan/mt upon closing on Jun 17

Jun 17, 2019 18:46

SMM Comments SMM Insight

Zinc prices to face further pressure from inventory, seasonal lull

SMM Morning Comments (Jun 14)

SMM Morning Comments

Jun 14, 2019 09:41

SMM Comments

SMM Morning Comments (Jun 13)

SMM Morning Comments

Jun 13, 2019 09:52

SMM Comments

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Luoping Zinc & Electricity resumes mine in Guizhou

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