Linwu South Mining increases lead concentrate output
2023-03-15 08:25:49 [Print]
BEIJING (Asian Metal) 15 Mar 23 - Linwu South Mining Co
"We predicted to double our production to nearly 1,000 metal tons in March," the source from the company to Asian Metal, adding that the grade of their raw materials increased from 1%max in February to 1.78%min this month and they would probably keep the same output in April.
The company mainly produces lead concentrate 40%min and sells to traders locally. With an annual production capacity of 15,000 metal tons of lead concentrate 40%min, they totally produce about 4,700 metal tons in 2022 and around 1,500 metal tons so far this year, holding an inventory of 100 metal tons in hand now.
Currently, the mainstream TCs of lead concentrate 60%min stand at RMB1,000-1,200/metal ton (USD149-163/metal ton) EXW in Hunan, unchanged for nearly one month. Given both steady of supply and demand in market, insiders predict that TCs of Chinese lead concentrate 60%min would keep stable in the coming week.
. , ltd . , one of major lead concentrate 40%min producers in Hunan, would increase the production to of lead concentrate to about 1,000 metal tons in March as the ore grade improved.
"We predicted to double our production to nearly 1,000 metal tons in March," the source from the company to Asian Metal, adding that the grade of their raw materials increased from 1%max in February to 1.78%min this month and they would probably keep the same output in April.
The company mainly produces lead concentrate 40%min and sells to traders locally. With an annual production capacity of 15,000 metal tons of lead concentrate 40%min, they totally produce about 4,700 metal tons in 2022 and around 1,500 metal tons so far this year, holding an inventory of 100 metal tons in hand now.
Currently, the mainstream TCs of lead concentrate 60%min stand at RMB1,000-1,200/metal ton (USD149-163/metal ton) EXW in Hunan, unchanged for nearly one month. Given both steady of supply and demand in market, insiders predict that TCs of Chinese lead concentrate 60%min would keep stable in the coming week.