·
The global
zinc mining industry has recorded steady growth, supported by demand from the
construction and automobile sectors.
Additionally, Industrialization and urbanization have also supported the demand
for zinc.
·
With
technological development, a shift from underground to open pit mining
techniques have lead to increase
productivity without increasing cost through the ability to process lower grade
ores through more efficient mineral processing .
Ken Research announced
its latest publication on,’Global
Zinc Mining to 2020’, which provides detailed information on the
market trends in the Zinc industry. In addition, the report contains an
overview of the global zinc mining industry together with the key factors
affecting the industry and demand for the commodity. It also provides
information about global zinc reserves, the historic and forecast data on zinc
production, prices and zinc smelters by major companies, refined zinc
consumption, the competitive landscape and active, exploration and development
zinc projects.
The global zinc mining industry has recorded steady
growth, supported by demand from the construction and automobile sectors. Additionally, Industrialization and urbanization have
supported the demand for zinc, as well as the increasing population in the Asia
Pacific region.
As in the
18th century, it was discovered that sphalerite, or zinc sulfide, could be
smelted into brass, resulting in the first patented techniques. Since then, the
zinc industry has progressed to the current zinc mining process and production
methods used today. Moreover, mine production has
undergone important changes during the 20th century with a shift from
underground to open pit mining techniques. Thus technological developments have
made it possible to increase productivity without increasing cost through the
ability to process lower grade ores through more efficient mineral processing
and the use of ever larger scale equipment.
From coatings
to compounds, zinc is used in many areas. The
major use of zinc is for galvanizing, i.e., protecting steel from corrosion.
Other significant uses include that in brass and bronze and in zinc-based
alloys used in the die-casting in auto mobile industry, cosmetics, pharmaceuticals
and construction material. Additionally, investment
in infrastructure development are the industry’s major drivers.
The zinc industry, which is highly
fragmented, is dominated by Asia. A combination of factors such as, fluctuating exchange
rates, demand from investment sector, changing trade policy, vacillations in
input prices, general economic conditions, and end-user markets all impact
industry dynamics significantly.
However, the zinc industry is exposed to
certain challenges such as rising energy costs and achieving economies of scale
to reduce costs and improve the quality of output. Other difficulties include
scarcity of raw materials from the mining sector, such as zinc sulfide, and
government regulations that cover mining. Additionally, rapidly increasing raw
materials prices have also posed a challenge to the players in maintaining
their profitability trend.
Australia, China, Peru, Mexico and the US have the
largest zinc reserves and together accounted for 152 million tons (Mt), or
74.5% of the global total as of January 2016, although zinc ore deposits are
found in more than 50 countries.
According to the
reports, more than 30% of Australia's zinc reserves are collectively located in
Queensland, New South Wales and Western Australia, with smaller deposits in
Tasmania and the Northern Territory. China’s Yunnan province accounts for 22.8%
of the country’s total zinc reserves, followed by Inner Mongolia with 19.3%,
Gansu with 10.7%, Guangdong with 8.15%, Sichuan with 6.95%, and Qinghai with
4.8%. Currently, the largest mining operation in the US is the Red Dog mine in
Alaska, a joint venture between Teck and NANA Regional Corp.—an Alaska Native
Regional corporation formed in 1971 under the Alaska Native Land Claims
Settlement Act. Whereas, in India, alongside the Red Dog mine in Alaska, the
Rampura-Agucha mine, located in the Bhilwara district of Rajasthan in India, is
one of the largest sources of zinc in the world. The mine is owned and operated
by Hindustan Zinc, majority owned by Vedanta Resources and the Indian
government.
In 2015, global zinc mine production was an estimated
13.4Mt in 2015, up by 0.4% over 2014 as a result of an increase in production
from Australia, India and Peru.
The strategies that must be adopted, to accelerate the
zinc mining industry includes, scope for innovation, more of collaborative
ecosystem, digital workforce engagement and better asset management.
Key Topics
Covered in the Report
Global Zinc Mining-Reserves by Country (Million
Tonnes), 2015
Global Zinc Mining Industry
Global Zinc
Mining-Zinc Metal Grade Range* by Country (%), 2015
Global Zinc Mining Industry Size
Global Zinc
Mining-Zinc Mine Production (Thousand Tonnes) vs Zinc Prices (USD /tonne),
2000-2020
Mining Industry Future Outlook
Global Zinc
Mining-Active Mines in Asia Pacific, 2016
Global Zinc Mining Industry Offers
Global Zinc
Mining-Active Mines in Europe, 2016
Global Zinc Mining Industry Growth
Global Zinc
Mining-Active Mines in the Middle East and Africa, 2016
Zinc projects Exploration Worldwide
Global Zinc
Mining-Active Mines in South and Central America, 2016
Global Zinc Mine Production Output
Global Zinc
Mining-Active Mines in North America, 2016
Zinc Exploration Equipments Industry
Global Zinc
Mining-Exploration Projects in Asia Pacific, 2016
US Zinc Industry Reserves
Global Zinc
Mining-Exploration Projects in Europe, 2016
Global Zinc
Mining-Exploration Projects in the Middle East and Africa, 2016
Global Zinc Mining Industry Research Report
Global Zinc
Mining-Exploration Projects in South and Central America, 2016
Metal and Mining Industry
Global Zinc
Mining-Exploration Projects in North America, 2016
Global Zinc
Mining-Development Projects in Asia Pacific, 2016
Global Zinc
Mining-Development Projects in Europe, 2016
Global Zinc
Mining-Development Projects in the Middle East and Africa, 2016
Global Zinc Mining-Development Projects in South and Central
America, 2016
Global Zinc Mining-Development Projects in North America, 2016
Global Zinc
Mining-Selected Active Smelters in the World, 2016
Global Zinc
Mining-Refined Zinc Metal Consumption (Thousand Tonnes), 2000-2020
Global Zinc
Mining-Glencore Plc Projects, 2016
Global Zinc
Mining-Teck Resources Ltd Projects, 2016
Global Zinc
Mining-Hindustan Zinc Ltd Projects, 2016
Global Zinc
Mining-Nyrstar NV Projects, 2016
Global Zinc
Mining-Votorantim Metais Zinco S/A Projects, 2016
Global Zinc
Mining-Boliden AB Projects, 2016
To know
more on coverage, click on the link below:
https://www.kenresearch.com/metal-mining-and-chemicals/mining/global-zinc-mining/33372-101.html
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Contact
Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
