SMM News: Jiangxi Copper Corporation Conducts Survey on Hezhang Lead-Zinc Mine Project

Published: Jul 18, 2025 16:01

Save

[SMM Flash News] It is understood that this week, Zhou Shaobing, General Manager of Jiangxi Copper Corporation Group Co., Ltd., and his delegation visited Hezhang County, Guizhou Province, to conduct a special survey on the Zhugongtang Lead-Zinc Mining and Processing Project of Hezhang Dingshengxin Mining Development Co., Ltd., a subsidiary in which the company holds shares. According to Liu Junxiang, General Manager of Hezhang Dingshengxin Mining Development Co., Ltd., the designed scale of the Zhugongtang Lead-Zinc Mine Project is 1.98 million mt/year (6,000 mt/day). Among the total investment of RMB 3.008 billion, the shareholders have completed the initial capital injection as agreed. The first mining area is expected to reach a capacity of 1,000 mt/day by December 2025, with a joint commissioning test scheduled for June 2026. After acceptance inspection of the second mining area in December 2027, the entire mine will operate at full capacity, with a service life of 26 years. Additionally, Li Xiangfeng, General Manager of the 113th Geological Team of the Provincial Bureau of Geology and Mineral Resources, added, "The registration of an additional 2.0153 million mt of lead-zinc metal resources has been completed.

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 to learn 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

20 hours ago

Lead Prices Stagnant, Smelters Maintain Firm Offers Amid Losses

Lead prices were in the doldrums, while secondary lead smelters maintained firm offers due to losses. The mainstream spot order ex-factory prices including tax narrowed the discount to the SMM #1 lead average price by 100 yuan/mt, shifting to a premium of 0–25 yuan/mt, with some smelters halting offers and sales.

20 hours ago

"Domestic Secondary Crude Lead Market Slows as Holidays Approach, Smelters Halt Production"

Pre-holiday stockpiling by downstream enterprises had largely concluded, and a few had already entered the holiday period, completely suspending procurement. Next week, secondary lead smelters will enter a concentrated wave of production halts and holidays, resulting in sluggish trading activity in the spot market. Offers for spot refined lead orders were sparse, with prices moving in line with the market.

20 hours ago

Sluggish Transactions in Domestic Secondary Crude Lead Market, Prices at 15,250-15,400 Yuan/mt

The domestic secondary crude lead market experienced sluggish transactions. As of February 6, 2026, the ex-factory tax-exclusive offers for domestic secondary crude lead stood at 15,250-15,400 yuan/mt. Downstream refined lead and alloy smelters gradually entered the holiday period, showing weak stockpiling willingness. Overseas lead ingot suppliers basically halted transactions with China due to poor consumption in the Chinese market, with only some previously concluded shipments maintaining normal in-transit transportation. The trading atmosphere in the secondary crude lead market will continue to weaken next week.

20 hours ago