EXCHANGE - SHFE approves Yunnan Chihong Zinc's Huize plant output for delivery

Vivian Teovivian.teo@fastmarkets.comJoint News Editor - Asia

Singapore 13/07/2016 - The Shanghai Futures Exchange has approved the zinc production from Yunnan Chihong Zinc & Germanium’s Huize plant in southwest Yunnan for delivery settlement effective Monday, the exchange said in a notice.

The Huize plant which has production capacity of 100,000 tonnes per year for zinc and 60,000 tonnes was commissioned in late-2014.

Chihong Zinc produced 253,900 tonnes of zinc metal and alloy last year - 223,400 tonnes being refined metal. It is aiming to produce a total of 256,000 tonnes of zinc metal and alloy this year.

Other than Huize, Chihong Zinc also has smelters in Qujing, Yunnan and Hulunbuir in Inner Mongolia.

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