China closes Lead and Zinc mines in Hunan's Huayuan

Published: Aug 18, 2016 09:22
As a part of government efforts to clean up lead and zinc mining sector China has shut down all lead and zinc mines in Hunan province's Huayuan county.

CHINA August 17 2016 5:53 PM

BEIJING (Scrap Register): As a part of government efforts to clean up lead and zinc mining sector China has shut down all lead and zinc mines in Hunan province's Huayuan county. Hunan is main lead and zinc mining zone in China. The government has stopped the power supply to all lead and zinc mines in since August 15.

The exhausted resource mines will be asked to leave the market, while the reserves will be assessed and will be asked to take safety measures for the mineable industrial resources in place which is seen to be fraught with danger.

The county has a total of 26 zinc and lead mines, with proven lead and zinc resources estimated at 6.5 million tons. China is forecast to have a mined zinc deficit of 390,000 mt in 2016, widening from a deficit of 9,000 mt a year ago.

China's national mined zinc output is expected to increase 3.5 percent year on year to 4.4 million mt this year, while its net zinc concentrate import volume this year is estimated at 900,000 mt, down 40% from 1.496 million mt last year.


Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Arconic Breaks Ground on $175M Iowa Plant Expansion for Next-Gen Growth
12 hours ago
Arconic Breaks Ground on $175M Iowa Plant Expansion for Next-Gen Growth
Read More
Arconic Breaks Ground on $175M Iowa Plant Expansion for Next-Gen Growth
Arconic Breaks Ground on $175M Iowa Plant Expansion for Next-Gen Growth
Groundbreaking Ceremony Held for Alcoa Arconic’s Davenport, Iowa Plant Arconic held a groundbreaking ceremony for a $175 million investment project at its Davenport, Iowa plant. The project will add a state-of-the-art aluminum casting complex to the facility. For company leadership, the No. 10 Pit expansion project represented both growth in the manufacturing business and a long-term commitment to the region. With expanded capacity, advanced technology, and a focus on efficiency and sustainability, Arconic was positioning itself and the local community for the next generation of industrial growth. Once completed, No. 10 Pit will significantly expand casting ingot capacity, increase aluminum scrap recycling, and improve overall energy efficiency.
12 hours ago
Tianshan Aluminum Acquires Stake in Guinean Mining Company, Secures Exclusive Mineral Rights Amid Bauxite Export Rumors
12 hours ago
Tianshan Aluminum Acquires Stake in Guinean Mining Company, Secures Exclusive Mineral Rights Amid Bauxite Export Rumors
Read More
Tianshan Aluminum Acquires Stake in Guinean Mining Company, Secures Exclusive Mineral Rights Amid Bauxite Export Rumors
Tianshan Aluminum Acquires Stake in Guinean Mining Company, Secures Exclusive Mineral Rights Amid Bauxite Export Rumors
Tianshan Aluminum Acquired a Stake in a Local Mining Company in Guinea and Obtained Exclusive Purchasing Rights to Its Mineral Products An investor asked on the investor interaction platform: Hello, there have recently been rumors that Guinea may restrict bauxite export quotas. Has any branch or subsidiary of Tianshan Aluminum in Guinea received any notice or information related to restrictions on the mining or export of Guinean bauxite? If so, could you disclose the specific details? Thank you! On March 19, Tianshan Aluminum stated on the investor interaction platform that the company had acquired a stake in a local mining company in Guinea and obtained exclusive purchasing rights to its mineral products.
12 hours ago
Emma Swan Appointed New Vice Chair of UK Aluminium Federation, Aiming for Sustainable Growth
12 hours ago
Emma Swan Appointed New Vice Chair of UK Aluminium Federation, Aiming for Sustainable Growth
Read More
Emma Swan Appointed New Vice Chair of UK Aluminium Federation, Aiming for Sustainable Growth
Emma Swan Appointed New Vice Chair of UK Aluminium Federation, Aiming for Sustainable Growth
Emma Swan, Managing Director of BOAL Extrusion UK, has been appointed the new Vice Chair of the Aluminium Federation (ALFED) in the UK. Ms. Swan brings a wealth of experience, leadership, and passion for the aluminum industry, and her appointment comes at a pivotal time for the industry and the broader UK manufacturing landscape. In her role as Vice Chair, Ms. Swan will work closely with Aluminium Federation Chief Executive Officer Nadine Bloxsome, Chair Wendy Giles of Amari Metals Ltd, and other members of the Federation’s Board to help advance the sustainable development priorities and advocacy interests of its members across the entire aluminum value chain.
12 hours ago