Korea Zinc and Teck Resources have signed an annual zinc concentrate supply contract with treatment charges (TCs) at their highest since 2015, sources said.

Chinese zinc smelter Yunnan Luoping Zinc & Electricity will supply 25,000 tonnes of zinc to the local government for reserve purchase.

The three-month copper price on the London Metal Exchange was higher during morning trading on Thursday July 9, with price action pushing firmly above nearby resistance levels, while a sizeable fresh cancellation in LME zinc stocks saw the metal’s underlying price also rally.

Alternative chemistries to lithium-ion batteries could account for more than 10% of the nascent stationary energy storage market by 2025, according to research group IDTechEx

Zinc concentrate treatment charges (TCs) are dropping in China with smelters and traders scrambling to cover shortfalls in supply feed left by shuttered mines.

A large European steel mill has secured an effective rollover on 2013 premiums for continuous galvanizing grade zinc to be supplied by a major producer in the region in 2014, market sources told Metal Bulletin.

Fastmarkets proposes to discontinue the publication of the following premiums, on a $/lb basis:

Fastmarkets incorrectly published weekly assessments for its Southeast Asian zinc premium over the past two months when the price should have been published every two weeks.

The three-month copper price on the London Metal Exchange was up during morning trading on Wednesday June 3, maintaining a push above the nearby $5,500-per-tonne threshold achieved on Tuesday afternoon, while weak demand continues to pressure zinc futures downward.

The zinc price has been fluctuating so much this year that analysts still cannot agree on where it is headed.