Posts Tagged ‘smelters’
China’s zinc smelters tighten grip as global rivals struggle
Harsh conditions in the global market have forced production cuts, including in Japan and Australia [BEIJING] China’s zinc producers are pushing for better supply terms from overseas miners as they benefit from smelter closures elsewhere in the world. Spot treatment charges for zinc concentrate delivered to China, a key indicator of smelter profitability, have improved…
Read MoreAustralia to provide A$135 million bailout for Trafigura lead, zinc smelters
Published Tue, Aug 5, 2025 · 09:48 AM [MELBOURNE] The Australian government said on Tuesday it will provide A$135 million (S$112.5 million) in financial support for two smelters owned by Nyrstar, a unit of commodity trader Trafigura, in the country’s south. Trafigura put its troubled Port Pirie lead smelting operations in South Australia and its…
Read MoreIndonesia’s nickel boom is forcing its own smelters to shut down
INDONESIA’S sprawling nickel industry is creaking under the weight of its own success, as a production surge drags down prices and a shortage of ore forces even the country’s own smelters to curb output. The South-east Asian nation’s metal boom over the past decade has convulsed the industry, catching many off-guard with its speed and…
Read MoreChina tightens rules on new copper smelters to curb overcapacity
China will also encourage copper smelters to sign long-term purchase agreements with global miners CHINA has tightened requirements for building new copper smelters, in its latest attempt to curb relentless capacity expansion in the world’s top producer of the refined metal. Companies building new copper smelters should control enough mine supply – via outright ownership…
Read More