July 16 spot price of SMM zinc: SMM0#1# zinc ingots up 10 yuan / ton

Santacruz Silver Mining (TSX-V: SCZ) has acquired a 500-tonne-per-day milling facility in Bolivia for a total investment of about US$14 million, including a US$9.2 million purchase price of which US$4.6 million has been paid, with the balance due November 8, 2026, and plant handover expected on October 8, 2026. The facility comprises two 250-tpd circuits equipped with selective lead and zinc flotation systems that also recover high-grade silver, and will process ore from San Lucas, the company's wholly owned Bolivian subsidiary. Located about 5 km from the Reserva mine in the Caballo Blanco group, the plant is slated for commissioning in Q4 2026 and commercial production by year-end 2026. Routing San Lucas ore to the new mill frees capacity at Santacruz's three existing Bolivian plants, s

[Tianjin Zinc: Freight Rates Rise, Premiums Move Up] In the Tianjin market, mainstream transactions for #0 zinc ingot were concluded at 26,400-26,690 yuan/mt, with Zijin transactions at 26,620-26,830 yuan/mt. Transactions for #1 zinc ingot were concluded near 26,380-26,600 yuan/mt. Zijin was quoted at a premium of 120 yuan/mt against the 2610 contract, while Huxin was quoted at 28,115 yuan/mt. #0 zinc ingot was quoted at a discount of 20-100 yuan/mt against the 2610 contract. The Tianjin market was quoted at a discount of 50 yuan/mt against the Shanghai market.

[Guangdong: Downstream users made small just-in-time procurement, spot premiums edged up] Guangdong 0# zinc was mainly traded at 26,635-26,725 yuan/mt, mainstream brands were quoted at a discount of 45-15 yuan/mt against the 2611 contract, at a premium of 15 yuan/mt against Shanghai spot cargo, and the Shanghai-Guangdong price spread remained flat...