New Century Reports 9% YoY Drop in Q3 2025 Zinc Concentrate Output

The U.S. Permitting Council granted FAST-41 coverage to the Red Dog Mine Life Extension Project in northwest Alaska. The project proposes underground long-hole stoping at the Aktigiruq and Anarraaq deposits, with ore to be processed through Red Dog’s existing mill and is intended to extend Red Dog operations by approximately 14 years. The U.S. Army Corps of Engineers will lead the federal permitting review. Teck reports 42.2 Mt of indicated resources grading 15.8% Zn and 18.8 Mt of inferred resources grading 11.8% Zn at Aktigiruq, alongside 17.0 Mt of inferred resources grading 14.0% Zn at Anarraaq. Both deposits also contain lead, silver and germanium. FAST-41 coverage supports a coordinated and transparent permitting process; it does not constitute final permitting approval or commercial production.

On September 2, the Shanghai Futures Exchange (SHFE) announced that it had approved Shanghai Yuqiang Supply Chain Management Co., Ltd. to adjust its designated warehouse capacity for copper, aluminum and zinc futures. At the storage site at No. 3501 Gonghe New Road, Shanghai, the company will cancel its copper and aluminum futures storage qualifications, while its approved zinc futures warehouse capacity will remain unchanged at 20,000 tonnes. At the site at No. 2222 Jichuan Road, Minhang District, Shanghai, its zinc futures storage qualification will be canceled, while approved capacity will be adjusted to 45,000 tonnes of copper and 5,000 tonnes of aluminum.

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.