Prices
Updated: June 9, 2026| Exchange / Source | Price | Unit | Date |
|---|---|---|---|
| LME | $3,534 | USD/t | June 9, 2026 |
| SHFE | ¥24,650 | RMB/t | June 9, 2026 |
Indicative reference snapshot. Official prices at lme.com · shfe.com.cn.
About Zinc
Editorial overviewWhat is zinc?
How zinc is priced
- London Metal Exchange (UK) — Special High Grade Zinc (ZN), USD, Physical
- Shanghai Futures Exchange (China) — Zinc (ZN), CNY, Physical
- Multi Commodity Exchange of India (India) — Zinc (ZINC), INR, Physical
Principle: One True Source for All. Every officially regulated exchange with an active contract is listed, regardless of geography or sanctions. Cash-settled contracts list both the listing exchange (where the contract clears) and the underlying benchmark index used for final settlement. Fastmarkets, S&P Global Platts and Argus are regulated benchmark administrators under UK/EU BMR, not exchanges. Source: TSM exchanges registry (maintained from public regulatory and exchange filings).
Where zinc comes from
Who produces zinc
What zinc is used for
Key facts about zinc supply
- USGS MCS 2026: world zinc mine production was 13.0 Mt in 2025e versus reserves of 240 Mt, or about 18 years of reserve cover. USGS MCS 2026
- USGS MCS 2026: China led 2025e mine production at 4.1 Mt, followed by Peru at 1.5 Mt and Australia at 1.1 Mt. USGS MCS 2026
- USGS MCS 2026: U.S. net import reliance for refined zinc was 73% of apparent consumption in 2025e. USGS MCS 2026
- USGS MCS 2026: U.S. zinc mine production fell to 670 kt in 2025e, down 12% from 2024, mainly because of lower ore grades at Red Dog. USGS MCS 2026
- USGS MCS 2026: identified zinc resources are about 1.9 billion tons globally. USGS MCS 2026
Sources: USGS Mineral Commodity Summaries 2026 — Zinc, Glencore Investors, Vedanta Press Releases
Mine Production by Country
Source: USGS MCS 2026| Country | 2024 | 2025e | Reserves |
|---|---|---|---|
| United States | 759 | e670 | 9,300 |
| Australia | 1,100 | e1,100 | 64,000 |
| Bolivia | 512 | e500 | NA |
| China | 4,000 | e4,100 | 60,000 |
| India | e866 | e870 | 10,000 |
| Kazakhstan | e375 | e360 | 7,400 |
| Mexico | 773 | e780 | 14,000 |
| Peru | 1,270 | e1,500 | 18,000 |
| Russia | e310 | e430 | 29,000 |
| Sweden | 239 | e230 | 4,100 |
| Other countries | 1,730 | e2,000 | 25,000 |
| World total (rounded) | 11,900 | 13,000 | 240,000 |
Unit: thousand metric tons. "e" = estimated, "W" = withheld, "NA" = not available. Source: USGS Mineral Commodity Summaries 2026
Reserves by Country (Top 10)
Source: USGS MCS 2026| Country | Reserves (thousand metric tons) |
|---|---|
| Australia | 64,000 |
| China | 60,000 |
| Russia | 29,000 |
| Other countries | 25,000 |
| Peru | 18,000 |
| Mexico | 14,000 |
| India | 10,000 |
| United States | 9,300 |
| Kazakhstan | 7,400 |
| Sweden | 4,100 |
| World Total | 240,000 |
LME Warehouse Stocks
Report date: 2026-06-08Official daily on-warrant stocks held in LME-approved warehouses worldwide. End-of-day total, not real-time. Use the trend below as a physical-supply signal alongside spot and futures pricing.
| Metric | Value |
|---|---|
| LME on-warrant stocks | 110,650 t |
| Daily change | -300 t |
| Report date | 2026-06-08 |
How to read this
Rising stocks typically signal market surplus or weakening demand. Falling stocks typically signal tightening physical supply or strong end-use demand. Cancelled warrants (metal earmarked for withdrawal) are a leading indicator of future stock draws.
For warehouse location breakdown, cancelled warrants, and historical series, consult the LME official stock reports directly.
Other exchanges (SHFE, COMEX) — official sources
- SHFE publishes weekly on-warrant stocks each Friday in Chinese local time: SHFE Weekly Stock Report.
- CME Group (COMEX) publishes daily warehouse stocks for copper: COMEX Copper Stocks.
TSM Hub does not auto-fetch SHFE or COMEX stocks (SHFE anti-bot challenge; CME Group Terms of Use explicitly prohibit automated access). Links point to originating exchanges for direct consultation.
Sources: London Metal Exchange (originating) via Westmetall (public LME mirror) · Last updated: 2026-06-09 18:13:45 UTC · All warehouse data on hub homepage →
Major Producers (20)
Ranked by latest disclosed contained Zn productionCompanies ranked by most recently disclosed annual zinc production (Zn-contained, kilotonnes). Each card links to the primary source (annual report, production report, or exchange filing). "Not disclosed" means the company does not publish metal-specific tonnage — common for private Chinese/state-owned groups and pre-production projects.