SMM

SMM, September 1: According to official sources from SMM, Guizhou Shengyuan Mining Co., Ltd. (a group-controlled enterprise located in Guiding County, Guizhou Province) has initiated special safety production rectifications since August 29, 2025, resulting in a temporary disruption of core raw material supply—zinc concentrates (containing germanium). Current raw material inventory is estimated to sustain production until 24:00 on September 6. The detailed implementation plan for maintenance at Guangxi Yusheng Germanium Hi-Tech Co., Ltd. is as follows: 1. **Execution Period**: From 00:00 on September 7, 2025 (resumption conditions require simultaneous fulfillment of raw material supply recovery and maintenance acceptance approval). 2. **Key Maintenance Tasks**: Include maintenance, troubleshooting, and technical upgrades for core production equipment such as oxygen pressure systems, conveying systems, and environmental protection facilities, alongside comprehensive inspection and rectification of plant safety infrastructure. 3. **Safety Management**: A three-tier approval process will be enforced. Official statements indicate operational impacts and contingency measures: During the production suspension for maintenance, the company will halt production and delivery of zinc ingots and germanium ingots. Delivery schedules for signed orders will be adjusted based on resumption progress, with dedicated personnel assigned to negotiate revised plans with clients to minimize disruptions. Additional official data projects production cuts of 10,000 mt for zinc ingots and 10 mt for germanium ingots during the maintenance period. Guangxi Yusheng Germanium has established an emergency response team, with contact person: Manager Lu, 19195820762.