Noticia urgente de SMM: El inventario nacional de lingotes de zinc aumenta a 119.200 toneladas métricas al 11 de agosto

On September 2, Xingye Silver & Tin announced that an accident occurred at its wholly owned subsidiary Yinman Mining in West Ujimqin Banner, Inner Mongolia, at around 15:30 on July 26, 2026, resulting in one fatality and no injuries. Following the accident, Yinman Mining conducted comprehensive safety inspections and implemented corrective measures. Recently, the company received approval from the West Ujimqin Banner Emergency Management Bureau to resume operations at its ore-processing tailings system. The processing plant is scheduled to resume operations on September 3, 2026. Meanwhile, Yinman Mining is continuing corrective work at the mining area and aims to resume mining operations as soon as possible.

On September 2, Shengda Resources announced that its wholly owned subsidiary, Chifeng Jindu Mining Co., Ltd., had completed the consolidation of the mining rights for the Shidi Silver-Lead-Zinc Mine and the exploration rights for the Shidi Peripheral Lead-Zinc Polymetallic Mine. Jindu Mining has received the Real Estate Ownership Certificate (Mining Right) and Mining License issued by the Chifeng Municipal Natural Resources Bureau. Following the consolidation, the mining area increased from 4.4750 sq km to 5.2397 sq km. The change is not expected to have a material impact on the company's operating results in the short term, but is expected to increase mineable resources, extend the mine's service life and provide resource support for the company's long-term development.

[SMM Zinc Morning Comment] Overnight, LME zinc opened at $3,906/mt, initially edged up to $3,920.5/mt, then drifted lower to a low of $3,840.5/mt. After rebounding from the low, it finally settled at $3,877.5/mt, down $27/mt, or 0.69%. Trading volume decreased to 18,828 lots, while open interest increased by 4,373 lots to 260,000 lots...