A zinc smelter in Central China starts routine maintenance

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 25 Jun , 2026

[SMM Flash] According to SMM's communication and understanding, as of this Thursday (June 25), SMM's total zinc ingot inventory across seven regions reached 275,900 mt, up 7,900 mt from June 18 and up 700 mt from June 22, with China's inventory increasing.

American West Metals reported that the Pre-Feasibility Study (PFS) for its high-grade Storm project in Nunavut, Canada, is slated for completion in Q3 2026, which will detail the parameters of a direct shipping ore (DSO) operation. Since the completion of the PEA last March, JORC-compliant resources have expanded by over 20% to 28.22 million tonnes, containing 608.7 million lbs of copper and 2.97 million oz of silver. While finalizing the PFS and advancing mine permitting, American West is expanding its exploration scope across the 110-kilometer-long belt of high-grade sediment-hosted copper and zinc mineralization. Notably, the Tempest target, located 40 kilometers south of the main Storm area, is defined by a 4-kilometer zone of surface gossans where grab samples have returned extraordinary grades of up to 30.8% zinc and 38.2% copper, highlighting the district's significant polymetallic potential.