SMM Research: Zhuzhou Smelter Launches 300,000 Tons Zinc Smelting Project, How will the Output Go in the Future?

SHANGHAI, Nov.30 (SMM)－Zhuzhou Smelter held the commencement ceremony of a zinc smelting project of 300,000 tons capacity at Hengyang City, which will last 2 years for the construction.

As per SMM research, the capacity of Zhuye in 2017 is 550,000 tons, accounting for 7.4% of domestic refined zinc capacity. In 2017 the operating rate of the group reaches over 70%, slightly dropping on yearly basis.

On Nov.20^th, Zhuye Group announced the news of the commencement ceremony of the project, which will close down original 550,000 capacity gradually after the construction completes and build a new zinc alloy base of 300,000 tons capacity. The zinc smelting capacity will reach 600,000-650,000 tons each year. The group says the total output in 2018 will not be influenced. SMM predicts its output will range from 420,000-520,000 tons next year.

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