Zinc’s Supply & Demand Equation Not Simple Math

May 06, 2015

 

 

While zinc mine production in a number of countries has been falling over the years, in China it has been rising steeply.

 

Global Zinc Mine Production – 2010/15 ('000 Tonnes)

Global Zinc Mine Production

2010 2011 2012 2013 2014
China 3,700 4,050 4,540 4,730 5,028
Other Countries 1,562 1,576 1,556 1,560 1,581
Australia 1,458 1,472 1,533 1,524 1,485
Peru 1,470 1,256 1,281 1,351 1,319
Europe 993 988 977 976 1,015
United States 751 769 739 777 821
India 740 796 758 793 706
Mexico 570 632 660 643 677
Kazakhstan 454 429 84 417 386
Canada 649 623 641 419 353
World Total 12,346 12,590 12,770 13,190 13,372

Source: International Lead and Zinc Study Group

 

Chinese consumption has also risen, as it has, for the most part, elsewhere around the world.

 

Global Zinc Consumption – 2010/15 ('000 Tonnes)

Global Zinc Consumption

Source: International Lead and Zinc Study Group

 

 

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