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.

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.

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

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

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

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

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.

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 pricing of zinc ingot premiums on a cif India basis.

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.