Penoles Reports 15.6% Increase in Q1 2026 Zinc Production, Driven by Mine and Smelter Improvements

Published: May 19, 2026 12:00
[Penoles Releases Q1 2026 Production Report] Penoles released its Q1 2026 production data. For the zinc mine segment, its zinc concentrates production reached 66,600 mt in the quarter, up 15.6% YoY, mainly driven by the resumption of operations at Tizapa and improved grades and recovery rates at Juanicipio, Sabinas, and Fresnillo. For the zinc smelting segment, its zinc production reached 48,100 mt in the quarter, up 14.7% YoY, primarily due to an increase in the volume of concentrates processed by the zinc smelter, which had undergone its annual planned maintenance shutdown in Q1 2025.

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 for 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
Data: SHFE, DCE market movement (Aug 11)
13 hours ago
Data: SHFE, DCE market movement (Aug 11)
Read More
Data: SHFE, DCE market movement (Aug 11)
Data: SHFE, DCE market movement (Aug 11)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 11 Aug , 2026
13 hours ago
Shanghai Zinc: SHFE Zinc Futures Consolidate at Highs, Downstream Enterprises Remain Cautious [SMM Midday Commentary]
17 hours ago
Shanghai Zinc: SHFE Zinc Futures Consolidate at Highs, Downstream Enterprises Remain Cautious [SMM Midday Commentary]
Read More
Shanghai Zinc: SHFE Zinc Futures Consolidate at Highs, Downstream Enterprises Remain Cautious [SMM Midday Commentary]
Shanghai Zinc: SHFE Zinc Futures Consolidate at Highs, Downstream Enterprises Remain Cautious [SMM Midday Commentary]
[Shanghai Zinc: SHFE Zinc Futures Prices Consolidate at Highs, Downstream Enterprises Remain on the Sidelines] Today, mainstream transaction prices were concentrated in the following ranges: #0 zinc (25,545-25,710 yuan/mt), Shuangyan (25,685-25,840 yuan/mt), and #1 zinc (25,475-25,640 yuan/mt). In early trade, offers were at a premium of 40-50 yuan/mt against the SMM average price, while no quotes against the futures contract were yet available...
17 hours ago
Ningbo Zinc: Downstream Enterprises Continue to Wait and See, Spot Zinc Trading Was Sluggish [SMM Midday Review]
17 hours ago
Ningbo Zinc: Downstream Enterprises Continue to Wait and See, Spot Zinc Trading Was Sluggish [SMM Midday Review]
Read More
Ningbo Zinc: Downstream Enterprises Continue to Wait and See, Spot Zinc Trading Was Sluggish [SMM Midday Review]
Ningbo Zinc: Downstream Enterprises Continue to Wait and See, Spot Zinc Trading Was Sluggish [SMM Midday Review]
[Ningbo Zinc: Downstream Enterprises Remain on the Sidelines, Spot Transactions Sluggish] In the Ningbo market, mainstream brand 0# zinc traded at 25,565–25,700 yuan/mt. Conventional brands in Ningbo were quoted at a premium of 10 yuan/mt against the 2609 contract, and at a premium of 50 yuan/mt against Shanghai spot cargo. Ningbo region primarily quoted against the 2609 contract...
17 hours ago