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Volume of Lead exported from Peru to China, 2017 - 2020 (Thousand Tonnes)

  • The Volume of Lead exported from Peru to China reached 201.49 Thousand Tonnes in 2020

  • The indicator recorded a historical grow at a CAGR of 19% between 2017 and 2020

Volume of Lead exported from Peru to China, 2017 - 2020 (Thousand Tonnes)

Published: December 2021
Source: GlobalData

Impact of COVID-19 on Global lead mining 

According to the US Geological Survey (USGS), global lead reserves held a significant position as of January 2021. Of this, Australia, China, Russia, Peru and Mexico accounted for a majority of the share. These were followed by Russia, India, Kazakhstan, Bolivia and Sweden. 

Global lead mine production declined in 2020, primarily due to the impact of the COVID-19 pandemic, which resulted in the temporary suspension of several mines, including Raura, Uchucchacua, Milpo No.1 and Atacocha, and the El Porvenir, Bismark and Francisco I. Madero, Antamina, Aguilar and Tara mines. In addition, mine-specific issues such as a pit failure at Vedanta’s Skorpion mine, a breakdown in the ore conveyor belt at the Boliden’s Tara mine and an illegal blockade at Americas Gold and Silver Corp.’s San Rafael mine further disrupted lead mine production. 

Global lead trade 

China is the world’s largest importer of lead in 2020, however, imports were down in 2020. South Korea ranks second in the total lead ore and concentrates imports in 2020. Despite the COVID-19 pandemic, South Korea imported a significant share of lead ore and concentrates, which was up in comparison to the previous year. Peru, Russia, Australia and the US are the world’s top exporters of lead. 

Global lead producers 

Glencore Plc 

The company’s key operating mines include the Mount Isa Zinc, McArthur River, Animon, Chungar Mining Unit, Casapalca-6 and Andaychagua mines. 

Besides lead, the company also produces zinc, 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. 

Vedanta Resources Ltd 

Vedanta is one of the world’s leading lead-producing companies, with headquarters in the UK. Together with lead, it also produces zinc, silver, iron ore, steel, copper, aluminum, power, and oil and gas. The company’s operational lead projects include the Sindesar Khurd, Zawar, Black Mountain, Rampura Agucha, Kayad and Rajpura Dariba mines. In v 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. 

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