Zijin Mining Reports Q1 2026 Zinc Production Down 4% and Smelting Zinc Down 10.6% YoY

Kazzinc said on Tuesday that its zinc and lead plants at the Ust-Kamenogorsk metallurgical complex in eastern Kazakhstan are operating at reduced capacity following last week’s explosion. The incident occurred at Kazzinc’s zinc plant, killing three people and injuring five others. Kazzinc, Kazakhstan’s largest producer of zinc, lead and precious metals and owned by Glencore, has not disclosed the extent of the impact on output. Clean-up operations and an investigation into the incident are still ongoing.

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 12 May , 2026

[Peru's "Gas Shortage" Energy Crisis Disrupts Zinc Concentrates Supply] Due to a rupture in Peru's natural gas pipeline (Megantoni district, Cusco province), the country fell into a "gas shortage" predicament, with electricity production and fuel supply severely affected. State-owned oil company Petroperú plunged into a serious financial crisis, and Peru is facing a severe nationwide energy crisis.