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

Zinc and lead miners have had their silver lining taken out.

Fastmarkets has corrected the LME Asian reference and TAPO prices for March 18, which were published incorrectly due to a technical error.

The three-month nickel price on the London Metal Exchange was the standout performer during morning trading on Friday October 9, with strong buying activity pushing the metal above nearby resistance levels, while high-volume trading saw LME zinc futures clear $2,400 per tonne in a 2.1% upsurge.

Fastmarkets proposes to discontinue the pricing of zinc ingot premiums on a cif India basis.

This year’s annual benchmark treatment charges (TCs) for zinc and lead concentrates are expected to rise due to high supply and the novel coronavirus (2019-nCoV) outbreak in China and beyond affecting the raw materials market.

Critical shortfalls loom without new primary metals supply and better recycling in the system soon, endangering Europe’s goal of a more autonomous clean energy system, according to a new study commissioned by Eurometaux, the region’s association of metal producers

The Korean chemical company LG Chem announced on Thursday June 2 that it was establishing a joint venture with Korea Zinc subsidiary Kemco for recycling precursors, the raw materials for cathodes used in electric vehicles.

Three-month base metals prices on the London Metal Exchange were predominantly up during morning trading on Tuesday August 25, with price action consolidating higher against news of a reaffirmed commitment to trade talks between the United States and China, while zinc futures led the way in a 1% morning uptick.

The three-month nickel price on the London Metal Exchange was higher during morning trading on Monday July 27, with price action continuing to trend higher amid steady buying momentum, while sizable inflows in both zinc and lead this morning failed to pressure the metals’ outright prices lower.