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Fitch: global zinc production is expected to increase by 2.1% year-on-year in 2019

iconJul 4, 2019 07:59
Source:SMM

SMM7 4-month news: Fitch report predicted that in the next few years, zinc prices will promote idle zinc minerals can restart. Although capacity has been reduced due to the permanent closure of some mines in 2015-2016, some stagnant capacity and the launch of new projects in key countries will contribute to the growth of zinc production in the coming quarters. Global zinc production is expected to grow 2.1 per cent year-on-year to 13.3 million tonnes in 2019 and 15.8 million tonnes by 2028, an average increase of 2.0 per cent.

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