Processing Charges Will Help with the Supply Shortage of Refined Zinc Ore

Published: Nov 24, 2017 09:40
Wang Yonggang, Deputy general manager of Huludao Nonferrous Group, shared his opinions on the supply shortage of refined zinc ore.

SHANGHAI, Nov 24 (SMM) – Wang Yonggang, Deputy general manager of Huludao Nonferrous Group, shared his opinions on the supply shortage of refined zinc ore.

  1. “We should make more use of intermediate materials. It means more recycling and less cost, and it protects the environment”.
  2. “More materials should be used, such as scraps and ores with high grade of zinc, in order to reduce the demand of refined zinc”.
  3. “Smelteries and mining companies should share the interest and risk for better development of the industry. Processing charges are adjusted by the market. As far as I know, the charges were favorable to smelteries in 2014 and 2015, but in 2016 and 2017 it became favorable to the mining companies. China smelts the most zinc ores in the world. Fundamental and reasonable charges on processing is needed regardless of the supply".

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 to learn 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
Boliden Reports Q1 2026 Zinc Concentrate Production Down 3% QoQ, Impacted by Earthquake and Heavy Rainfall
13 hours ago
Boliden Reports Q1 2026 Zinc Concentrate Production Down 3% QoQ, Impacted by Earthquake and Heavy Rainfall
Read More
Boliden Reports Q1 2026 Zinc Concentrate Production Down 3% QoQ, Impacted by Earthquake and Heavy Rainfall
Boliden Reports Q1 2026 Zinc Concentrate Production Down 3% QoQ, Impacted by Earthquake and Heavy Rainfall
[Zinc Concentrate Production Information] On April 28, Boliden released its Q1 2026 report. Data showed that its zinc concentrates production in the quarter was 89,200 mt, down 3% QoQ. By mine, Tara mine's Q1 zinc concentrates production was 17,400 mt, up 14% QoQ; Garpenberg's Q1 zinc concentrates production was 19,300 mt, down 26% QoQ, mainly due to an earthquake deep in the mine on March 14 that severely affected the Lappberget ore body; The Boliden Area's Q1 zinc concentrates production was 8,800 mt, up 4% QoQ; Zinkgruvan's Q1 zinc concentrates production was 17,500 mt, up 23% QoQ; Somincor's Q1 zinc concentrates production was 25,900 mt, down 5% QoQ, mainly due to the negative impact of heavy rainfall, with milling volume lower than the previous quarter.
13 hours ago
Zinc Prices Rebounded from Lows in April — What's the Outlook for May?
13 hours ago
Zinc Prices Rebounded from Lows in April — What's the Outlook for May?
Read More
Zinc Prices Rebounded from Lows in April — What's the Outlook for May?
Zinc Prices Rebounded from Lows in April — What's the Outlook for May?
As of April 30, the most-traded SHFE zinc contract closed at 23,645 yuan/mt, up 165 yuan/mt for the month, a gain of 0.7%. Zinc prices rebounded from lows in April, touching a low of 23,430 yuan/mt at the beginning of the month and a high of 24,515 yuan/mt at month-end, though the overall price center pulled back. Heading into May, with the tight domestic ore supply situation persisting, how will zinc prices perform?
13 hours ago
Zinc Concentrate TCs Continue to Decline, SHFE Zinc Fluctuates at Highs [SMM Zinc Futures Brief]
14 hours ago
Zinc Concentrate TCs Continue to Decline, SHFE Zinc Fluctuates at Highs [SMM Zinc Futures Brief]
Read More
Zinc Concentrate TCs Continue to Decline, SHFE Zinc Fluctuates at Highs [SMM Zinc Futures Brief]
Zinc Concentrate TCs Continue to Decline, SHFE Zinc Fluctuates at Highs [SMM Zinc Futures Brief]
[TCs Continued to Decline, SHFE Zinc Fluctuated at Highs]: The most-traded SHFE zinc 2606 contract opened at 24,200 yuan/mt. After the opening, SHFE zinc fluctuated around the daily average line, touching a low of 24,105 yuan/mt during the session and reaching a high of 24,305 yuan/mt near the close, ultimately closing higher at 24,285 yuan/mt.
14 hours ago
Processing Charges Will Help with the Supply Shortage of Refined Zinc Ore - Shanghai Metals Market (SMM)