SMM4 March 3 SMM0# Zinc Shanghai Brands rise and paste Water

ACG Metals said that, as of July 31, 2026, construction of the sulphide expansion project at its Gediktepe mine in Türkiye was substantially complete, with commissioning and punch-listing underway. First copper concentrate production is expected in August, marking the company’s transition into a copper producer. The primary conveyor network has been completed and is ready for commissioning, while filter presses have been installed and are entering final fitout. Process water ponds are being filled, the compressor room is substantially complete, and sulphide ore has already been loaded into the finger bins. Civil and structural work on the reagent storage facility is also well advanced.

【LME Zinc Retreats from Highs amid Long Position Reduction, SHFE Zinc Moves Lower】The most-traded SHFE zinc 2610 contract opened at 25,440 yuan/mt during the daytime session. After briefly rising to 25,455 yuan/mt in early trading, prices weakened amid fluctuations, with the trading range shifting lower. In the afternoon, the contract fell to an intraday low of 25,260 yuan/mt before recovering slightly at lower levels. It eventually closed lower at 25,325 yuan/mt, down 100 yuan/mt or 0.39%...