Global zinc reserves were 233.7 million t as of January 2018.
The largest share of these was in Australia, with 27.4% of the global total, followed by China and Peru. Between 2019 and 2022, global zinc supply is expected to grow at a CAGR of 3.8%, to 15.7 Mt in 2022 with strong support by increases in production from Australia, Peru, India and the US.
In 2018, although global zinc supply increased by 1.5% to 13.4 Mt, it was still short by 1.1 Mt, of the global demand of 14.5 Mt in that year. Increases in demand from China, Germany, the US, and Belgium were the major factors behind the increase in the global demand. The gap between demand and supply is expected to narrow and eventually the market will move into a surplus in 2022.
Up to 100 new projects will be commencing operations between 2019 and 2022 where zinc is either a primary or a secondary commodity being produced. These offset the growth in global output originating from MMG's Dugald River project, the commissioning of Century Resource's New Century mine and the Hellyer tailings project in Australia; as well as a few smaller mines commencing operations across the globe.
The report ‘Global Zinc Mining to 2022’, provides coverage on global zinc industry. It provides historical and forecast data on zinc production by country, zinc reserves, zinc reserves country, consumption by country to 2022.
The trade section provides information on major exporters and importers.
The report also includes a demand drivers section providing information on factors that are affecting the global zinc industry. It further provides mines and projects count by company by status, profiles of major coal producers, information on the major active, planned and exploration projects by region.
Read the article online at: https://www.globalminingreview.com/finance-business/21032019/global-zinc-mining-to-2022/