Total open-tonnage stocks in London Metal Exchange-registered warehouses rose by 6.0% to 1,137,907 tonnes at the end of August, from 1,073,574 at the end of July, according to the latest data released by the exchange on Tuesday, September 10.

The Ozernoye zinc and lead mine in Russia launched concentrates production on Wednesday September 4 after year-long delays, Fastmarkets learned.

The London Metal Exchange has unveiled a series of proposals which, if successful, could accomplish what it failed to achieve close to a decade ago: bringing the investment community into the fold.

The China Zinc Smeltery Purchase Team (CZSPT) are discussing possible production cuts on the back of tighter supplies of zinc concentrates and weak demand, according to information provider Antaike.

Copper market price speculation is driving the base metals narrative, head of research at UK-based services provider Sucden Financial Daria Efanova said during the company’s third-quarter metals webinar on Wednesday July 17.

Tightness in raw material supply has driven Fastmarkets’ copper and zinc treatment charges (TCs) to all-time lows, while lead concentrate TCs have hit intra-year lows. Fastmarkets looks at the common themes driving the downward movements

Saudi Arabia, through its spearheading of a mining and minerals production and consumption push in the Middle East, a region usually associated with oil and gas, is leading neighboring countries to increase their presence in the base metals markets

Base metals on the London Metal Exchange were mixed in morning trading on Monday June 10, with three-month prices lacking direction amid thin traded volumes due a public holiday in China, the largest market for base metals

The base metals complex has been on a climb on futures exchanges globally but the surge is not reflected in physical markets, with buyers generally staying out of the market due to elevated prices, sources told Fastmarkets

Supply disruption and financial speculation helped most base metals prices hit 2024 highs in the week to Friday May 24, yet demand remains mostly muted