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Zinc and Lead TCs Turn Negative Again Amid Tight Supply And Fierce Competition
The global zinc concentrates market has recorded a significant reversal, with spot treatment charges (TCs) for imports into China falling back into negative territory for the first time in more than a year. This marks a clear signal of tightening supply conditions,...
MMG’s Copper Production Jumps Sharply In 2025
The Chinese mining group MMG recorded a strong increase in copper production in 2025, with a 27% year-on-year rise, reaching 506,899 tonnes. The result was decisively supported by the Las Bambas mine in Peru, which delivered a solid operational year after a past...
Byproducts Set To Become Critical For Chinese Zinc And Lead Smelter Margins In 2026
In 2026, revenues generated from byproducts are set to play an increasingly decisive role in the margins of Chinese zinc and lead smelters, in a market environment marked by tighter availability of concentrates and further pressure on treatment charges (TCs), which...
Gold Hits New All-Time High: Fed Rate Cut Expectations and Weak Dollar Boost Prices
Gold hit a new all-time high on Tuesday morning, supported by a weakening US dollar and falling bond yields, amid growing expectations of an imminent Federal Reserve rate cut. At 9:30 a.m. (Italian time), spot gold was up 0.35% to $3,649/ounce, after hitting an...