Processing Charges Will Help with the Supply Shortage of Refined Zinc Ore

Industry News 09:40:14AM Nov 24, 2017 Source:SMM

SHANGHAI, Nov 24 (SMM) – Wang Yonggang, Deputy general manager of Huludao Nonferrous Group, shared his opinions on the supply shortage of refined zinc ore.

  1. “We should make more use of intermediate materials. It means more recycling and less cost, and it protects the environment”.
  2. “More materials should be used, such as scraps and ores with high grade of zinc, in order to reduce the demand of refined zinc”.
  3. “Smelteries and mining companies should share the interest and risk for better development of the industry. Processing charges are adjusted by the market. As far as I know, the charges were favorable to smelteries in 2014 and 2015, but in 2016 and 2017 it became favorable to the mining companies. China smelts the most zinc ores in the world. Fundamental and reasonable charges on processing is needed regardless of the supply".

Key Words:  Zinc   Zinc ore   Processing charges 

Processing Charges Will Help with the Supply Shortage of Refined Zinc Ore

Industry News 09:40:14AM Nov 24, 2017 Source:SMM

SHANGHAI, Nov 24 (SMM) – Wang Yonggang, Deputy general manager of Huludao Nonferrous Group, shared his opinions on the supply shortage of refined zinc ore.

  1. “We should make more use of intermediate materials. It means more recycling and less cost, and it protects the environment”.
  2. “More materials should be used, such as scraps and ores with high grade of zinc, in order to reduce the demand of refined zinc”.
  3. “Smelteries and mining companies should share the interest and risk for better development of the industry. Processing charges are adjusted by the market. As far as I know, the charges were favorable to smelteries in 2014 and 2015, but in 2016 and 2017 it became favorable to the mining companies. China smelts the most zinc ores in the world. Fundamental and reasonable charges on processing is needed regardless of the supply".

Key Words:  Zinc   Zinc ore   Processing charges