Zinc

Shuka Minerals, a UK-based mining company with a secondary listing on the JSE, has completed regulatory approvals to acquire Leopard Exploration and Mining, which controls the historic Kabwe Zinc Mine in central Zambia. The transaction, valued at $4.35 million through a combination of 28.6 million shares and $1.35 million cash, represents a significant gamble on...

Hindustan Zinc, a subsidiary of Vedanta Group and India’s largest integrated zinc producer, has approved a ₹12,000 crore ($1.39 billion) investment to construct a new 250,000-tonne-per-annum integrated zinc metal complex at Debari, Rajasthan. The project, part of the company’s “2X growth” strategy to double production capacity across zinc, lead, and silver, is scheduled for completion...

According to Shanghai Metals Market (SMM), a leading Chinese metals industry data provider, China produced 551,500 metric tonnes of refined zinc in May 2025, marking a 2% increase compared to May 2024 but a 1% decline from April 2025. The cumulative output for the first five months reached approximately 2.658 million tonnes, representing a modest...

Current Zinc Price Trends Zinc market has experienced notable fluctuations in early 2025, shaped by macroeconomic uncertainty, shifts in industrial demand, and evolving supply conditions. As of Q1 2025, the zinc price on the London Metal Exchange (LME) is averaging around $2,450 per metric ton, reflecting a modest recovery from the late-2023 lows of $2,300/t....

Glencore increased its zinc metal production by 8% year-on-year in the first quarter of 2024, reaching 227,700 tonnes. The Anglo-Swiss commodities group attributed the rise to the restart of its Nordenham smelter in Germany, which had been offline since late 2022, and solid output from its Spanish subsidiary, Asturiana de Zinc. The company, led by...

Glencore reported a sharp decline in copper production for the first quarter of 2025, with output falling 30% year-on-year to 167,900 metric tons. The company attributed the drop to lower ore mining rates, head grades, and recoveries at key operations in Chile, Peru, and the Democratic Republic of Congo. Despite the weak start, Glencore expects...

India’s robust infrastructure expansion and steady automobile demand continue to drive strong domestic zinc consumption despite global uncertainties, according to Arun Misra, CEO of Hindustan Zinc. For the March quarter of 2025, Hindustan Zinc recorded revenues of INR 9,000 crore (approximately USD 1.08 billion), a 20% year-on-year increase. Earnings rose significantly by 47% to INR...

South32’s Taylor zinc, lead, and silver mine in southern Arizona may see its construction costs rise due to new tariffs, according to analysis from Canaccord Genuity. The Hermosa project, which has already seen $539 million invested, is expected by Canaccord to require $2.6 billion to complete-higher than the $2.16 billion figure previously announced by South32....

Canstar Resources has entered into a letter of intent with VMS Mining Corporation (VMSC) to form a $11.5 million exploration joint venture focused on advancing high-grade volcanogenic massive sulphide (VMS) projects in Newfoundland. The JV aims to accelerate drilling and geophysical programs at Canstar’s Buchans and Mary March properties, located near several historical high-grade VMS...

Teck Resources reported zinc concentrate production of 146,000 metric tonnes in the fourth quarter of 2024, bringing its full-year total to 615,600 tonnes—aligning with the company’s previously issued production guidance. The majority of output came from the Red Dog mine in Alaska, which accounted for 555,600 tonnes of the annual total. The remaining 60,300 tonnes...