Global production of Zinc amounted to 12,136 Thousand Tonnes in 2020
Production declined by a CAGR of 1.45% between 2017 to 2020,and is expected to grow by...
GlobalData projects the production to decline at a CAGR of...
Impact of COVID-19 on Global Zinc production
Global zinc reserves held a significant position as of January 2021. Of the total, Australia ranked first followed by China, Mexico, Russia, Peru.
Global zinc production is expected to recover in 2021, after registering a decline in 2020, mainly due to COVID-19-related lockdowns and restrictions. According to the International Lead and Zinc Study Group (ILZSG), during the first four months of 2021, global zinc mine production reached increased year on year. This was primarily due to an increase in production from Australia, Bolivia and China. In contrast, production in Canada, Finland and Kazakhstan was lower than the same period in 2020. Overall, 2021 production growth is expected to be supported by strong growth in Bolivia and Peru.
In 2020, global zinc production was impacted by COVID-19 pandemic, which caused the temporary shutdown of several mines, including the Colquiri, San Vincente, San Cristobal, Huaron, Morococha, Uchucchacua, Tambomayo, Cerro Lindo, El Porvenir and Atacocha mines.
Key zinc producers
Glencoe remained the largest zinc producer in the world. Besides zinc, the company also produces lead, copper, aluminum, nickel, iron ore, oil products, coal, wheat, corn, barley rice, oilseeds, sugar, canola, ferroalloys and cobalt. The company's operations include the refinement, processing, storage and transportation of metals and minerals, as well as energy and agricultural products.
The company’s key operating mines include the Mount Isa Zinc, McArthur River, Antamina, Animon and Chungar Mining Units.
Vedanta is one of the world’s leading zinc-producing companies and is headquartered in the UK. Together with zinc, it also produces lead, silver, iron ore, steel, copper, aluminum, power, and oil and gas. The company’s operational zinc projects include the Rampura Agucha, Sindesar Khurd, Zawar and Kayad mines in India, Gamsberg mine in South Korea and Skorpion mine in Namibia. In April 2020, was the company suspended operations at the Skorpion mine ahead of its scheduled closure in May 2020 and placed the refinery under care and maintenance due to a pit failure earlier in January 2020, which resulted in an ore gap of 10 months.
Other notable key zinc producers were:
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