New Century Reports 20% QoQ Decline in Q1 2026 Zinc Production Due to Rain and Maintenance

[Lead-Zinc Ore Market Dynamics] Recently, Yunnan Chihong Zn & Ge Co., Ltd. responded to investor questions on an interactive platform, stating that the company is proceeding in an orderly manner with the third-phase exploration and boundary delineation exploration of the Xidong lead-zinc mine. The mining permit application and plan optimization for the Jinxin molybdenum mine are being actively advanced, and the matter has received great attention from leaders at the Ministry of Natural Resources and relevant authorities in Heilongjiang and Inner Mongolia.

[Lead-Zinc Ore Market Dynamics] According to information from the National Intellectual Property Administration, Yunnan Chihong Zn & Ge Co., Ltd. and the Institute of Resources Utilization and Rare Earth Development of Guangdong Academy of Sciences filed a patent application titled "A Clean Beneficiation Method for High-Copper Complex Copper-Lead-Zinc Ore." The publication number is CN121945277A, and the application number is CN202610289146.5.

[Nexa Releases Q1 2026 Production Results] Nexa released its Q1 2026 report. The company's zinc concentrates production totaled 79,400 mt in the quarter, down 13% QoQ, primarily reflecting reduced ore throughput at the Cerro Pasco complex and Cerro Lindo, with the latter affected by heavy rainfall during the quarter. Operations at Aripuanã and Vazante were in line with expectations.