[Secondary Lead Production Update] A large secondary lead smelter in east China recently resumed production and is currently producing around 200 mt of refined lead per day. Production is expected to recover to 500-600 mt/day starting next week.

On 25 February 2026, Safetian announced the resumption of production at its holding company, having received notification from Anhui Meidalun that operations would formally restart in the coming days. The successful restart of production lines will steadily restore normal supply of the company's photovoltaic cell products, further enhancing production line stability and operational efficiency.

During the 2026 Spring Festival holiday, China’s manganese tetroxide market maintained a weak tone, characterized by sluggish trading, stable prices, and stalemated supply and demand. On the cost side, electrolytic manganese prices bottomed out at low levels with limited upward momentum. On the demand side, lithium manganate producers had completed pre-holiday restocking and focused on inventory digestion.

News on February 24, 2026: Glencore announced on February 17, 2026, that its Lion Smelter located in Steelpoort, Limpopo Province, successfully completed the first phase of ferrochrome production on February 16, 2026, following the smooth restart of 50% of its capacity.

According to SMM, after experiencing multiple delays in commissioning, India's Adani copper smelter resumed commissioning on June 16. However, due to the repeated delays, there is a risk that its long-term contract for copper concentrates raw material supply from South America may be cancelled. The Adani smelter has an annual capacity of 500,000 mt.

According to foreign media reports, Ivanhoe Mines announced that it had resumed production at the western part of the Kakula copper mine in the Democratic Republic of Congo (DRC). The underground mine is part of the Kamoa-Kakula copper mine complex. On May 18, the mine was forced to suspend production due to severe water inflow caused by seismic activity in the region. The Kamoa-Kakula copper mine complex is the largest copper mine in Africa, and Ivanhoe holds a 39.6% stake in the mine.

[SMM Magnesium News] On June 5, a magnesium plant in Xinjiang recently completed its maintenance and officially started production of magnesium ingots on June 3. Currently, the plant is in the commissioning phase, with daily production steadily increasing. It is expected that the daily production will gradually recover to 55 mt in the future.

[SMM Magnesium News] On June 5, a magnesium plant in Xinjiang recently completed its maintenance and officially started production of magnesium ingots on June 3. Currently, the plant is in the commissioning phase, with daily production steadily increasing. It is expected that the daily production will gradually recover to 55 mt in the future.

According to SMM, a low-grade zinc oxide plant in North China previously suspended production due to a shortage of raw materials, but resumed production this month, with an expected additional production of 3,000 mt.

[SMM News] According to SMM, a low-grade zinc oxide plant in North China previously suspended production due to a shortage of raw materials, but resumed production this month, with an expected additional production of 3,000 mt.