https://www.engineeringnews.co.za
Mining|Projects|Maintenance
Mining|Projects|Maintenance
mining|projects|maintenance

Zinc output set to recover this year, says GlobalData

17th September 2021

By: Marleny Arnoldi

Deputy Editor Online

     

Font size: - +

Data and analytics company GlobalData says zinc production is set to recover by about 5.2% this year, reaching 12.8-million tonnes, from a 5.9% decline in 2020, to 12.1-million tonnes.

Looking at production over 2021 to 2025, the company forecasts a compound annual growth rate of 2.1% and for zinc output to reach 13.9-million tonnes in 2025.

Mining analyst Vinneth Bajaj says Bolivia’s zinc sector was badly affected by Covid-19 in 2020, but production is starting to recover and mines are reopening.

Similarly, mines in Peru are reopening and are expected to produce 1.5-million tonnes of zinc this year – an increase of 9.4% on 2020’s production.

However, many regions still expect declines in yearly zinc output, including Canada at -5.8% and Brazil at -19.2%, mainly owing to scheduled mine closures and planned maintenance shutdowns.

GlobalData says the US, India, Australia and Mexico will be key contributors to zinc production growth in the 2021 to 2025 period. Production from these countries alone is anticipated to reach 4.2-million tonnes in 2025.

Moreover, the company highlights that new projects are being developed in Brazil, Russia and Canada, which will all start contributing to global output by 2023.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

John Deere (Pty) Ltd
John Deere (Pty) Ltd

In 1958 John Deere Construction made its first introduction to the industry with their model 64 bulldozer.

VISIT SHOWROOM 
Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.098 0.144s - 160pq - 2rq
Subscribe Now