Zinc Mining Market Analysis by Reserves, Production, Assets, Demand Drivers and Forecasts to 2026

Pages: 71 Published: February 08, 2023 Report Code: GDMMGZ005MR

Zinc Mining Market Report Overview

The Zinc mine production was estimated at 12.8 million tonnes (Mt) in 2022 and is expected to achieve a CAGR of less than 1% during 2023–2026. The low growth is primarily due to declining production from China, followed by Kazakhstan, Peru, and Bolivia.

The zinc mining market research report contains an overview of the zinc mining industry including key demand-driving factors affecting the zinc mining industry. It also provides detailed information on reserves, reserves by country, production, production by country, production by the company, major operating mines, competitive landscape, major exploration, and development projects.

Zinc Mining Market Outlook, 2022-2026 (Mt)

Zinc Mining Market Outlook, 2022-2026 (Mt)

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Zinc Mining Market Segmentation by Regions

The key regions in the Zinc mining market are APAC, Europe, the Former Soviet Union, the Middle East & Africa, North America, Oceania, and South & Central America.

APAC: The top three active mines in the APAC region are Rampura Agucha Mine, Fankou Mine, and Sindesar Khurd Mine. Dairi Project, Nonggeshan Lead-Zinc Mine, and Mengya Mine are the key development projects in the APAC region. Some of the exploration projects in the region include Liziping Mine, Manat Project, and Bamnia Kalan Project.

Europe: The top three active mines in Europe are Tara Mine, Garpenberg Mine, and Zinkgruvan Mine. Yenipazar Project, Aznalcollar Project, and Olza Project are the key development projects in the region. Some of the exploration projects in Europe include Kildare MVT Zinc Project, Stonepark Property, and Storsjon Project.

Former Soviet Union (FSU): The top three active mines in the FSU region are Uchalinsk Mine, Zhairemsky Mine, and Kyzyl-Tash Turk Mine. Kholodninskoe Project, Ozernoe Mine, and Pavlovskoye Project are the key development projects in the Former Soviet Union. Some of the exploration projects in the FSU region are Perevalny Project, Nazarovskoye Project, and Silinskoye Project.

Zinc Mining Market Segmentation by Countries

The key countries associated with Zinc mining production are Australia, China, Russia, Mexico, and Peru, among others. Australia held the largest share in 2022 and was followed by China.

Zinc Mining Market Analysis by Countries, 2022 (%)

Zinc Mining Market Analysis by Countries, 2022 (%)

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Zinc Mining Market – Competitive Landscape

Some of the leading producers in the Zinc mining market are Glencore Plc, Vedanta Resources Ltd, Teck Resources Ltd, Zijin Mining Group Co Ltd, Votorantim SA, Industrias Penelos SAB de CV, and Boliden AB.

Glencore Plc: Glencore was among the largest zinc producers in 2021. 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.

Zijin Mining Group Co Ltd: Zijin Mining Group Co Ltd (Zijin Mining Group) is a mineral exploration company. The company is involved in the acquisition, exploration, mining, and development of mineral properties. Its portfolio of products includes gold, zinc, copper, tungsten, iron ore, and other base metals.

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Zinc Mining Market Report Overview

Market Size in Terms of Volume (2022) 12.8 Mt
CAGR <1%
Forecast Period 2023-2026
Historical Period 2021-2022
Key Regions APAC, Europe, Former Soviet Union, Middle East & Africa, North America, Oceania, and South & Central America
Key Countries Australia, China, Russia, Mexico, and Peru
Leading Producers Glencore Plc, Vedanta Resources Ltd, Teck Resources Ltd, Zijin Mining Group Co Ltd, Votorantim SA, Industrias Penelos SAB de CV, and Boliden AB

Segments Covered in the Report

Zinc Mining Market Regional-Level Outlook (Volume, Mt, 2021-2026)

  • APAC
  • Europe
  • Former Soviet Union
  • Middle East & Africa
  • North America
  • Oceania
  • South & Central America

Zinc Mining Market Country-Level Outlook (Volume, Mt, 2021-2026)

  • Australia
  • China
  • Russia
  • Mexico
  • Peru

Reasons to Buy

  • To gain an understanding of the global zinc mining industry, relevant driving factors
  • To understand historical and forecast trends in global zinc production
  • To identify key players in the global zinc mining industry
  • To identify major active, exploration and development projects by region

Key Players

Table of Contents

  • About GlobalData
  • Table of Contents
  • List of Figures
  • List of Tables

    • 1. Executive Summary
    • 2. Reserves, Production and Prices

      • 2.1. Global Zinc Reserves by Country

        • 2.1.1. Australia
        • 2.1.2. China
        • 2.1.3. Russia
        • 2.1.4. Mexico
        • 2.1.5. Peru

      • 2.2. Zinc Production
      • 2.3. Production by country

        • 2.3.1. China
        • 2.3.2. Peru

      • 2.4. Production by Company
      • 2.5. Zinc Prices

    • 3. Zinc Assets

      • 3.1. Active Mines

        • 3.1.1. APAC
        • 3.1.2. Europe
        • 3.1.3. Former Soviet Union
        • 3.1.4. Middle East and Africa
        • 3.1.5. North America
        • 3.1.6. Oceania
        • 3.1.7. South and Central America

      • 3.2. Development projects
      • 3.3. APAC
      • 3.4. Europe
      • 3.5. Former Soviet Union
      • 3.6. Middle East and Africa
      • 3.7. North America
      • 3.8. Oceania
      • 3.9. South and Central America
      • 3.10. Exploration Projects

        • 3.10.1. APAC
        • 3.10.2. Europe
        • 3.10.3. Former Soviet Union
        • 3.10.4. Middle East and Africa
        • 3.10.5. North America
        • 3.10.6. Oceania
        • 3.10.7. South and Central America

    • 4. Demand and Trade

      • 4.1. Global Zinc Consumption
      • 4.2. Demand from the Automotive Industry
      • 4.3. Demand from the China’s Construction Industry
      • 4.4. Global Zinc Trade

    • 5. Major Zinc Producers

      • 5.1. Glencore Plc
      • 5.2. Vedanta Resources Ltd
      • 5.3. Teck Resources Ltd
      • 5.4. Zijin Mining Group Co Ltd
      • 5.5. Votorantim SA
      • 5.6. Industrias Penelos SAB de CV
      • 5.7. Boliden AB

    • 6. Appendix

      • 6.1. Abbreviations
      • 6.2. Methodology
      • 6.3. Coverage
      • 6.4. Secondary Research
      • 6.5. Development Likelihood

  • Contact Us

List of Tables

Table 1: Zinc reserves by country (million tonnes), 2022

Table 2: Active mines in Australia by total ore reserves (million tonnes)

Table 3: Active mines in China by total ore reserves (million tonnes)

Table 4: Active mines in the Russia by total ore reserves (million tonnes)

Table 5: Active mines in Mexico by total ore reserves (million tonnes)

Table 6: Active mines in Peru by total ore reserves (million tonnes)

Table 7: Scheduled closures of key zinc projects, 2023–26

Table 8: Historical and forecast zinc mine production (thousand tonnes), 2006–26

Table 9: Zinc mine production by country (thousand tonnes), 2006–26

Table 10: Zinc mine production in China (thousand tonnes), 2006–26

Table 11: Zinc mine production in Peru (thousand tonnes), 2006–26

Table 12: Zinc mine production by company (thousand tonnes), 2020–22

Table 13: Zinc prices, quarterly ($/tonne), 2015–22

Table 14: Active mines in APAC, 2022

Table 15: Active mines in Europe, 2022

Table 16: Active mines in Former Soviet Union, 2022

Table 17: Active mines in Middle East and Africa, 2022

Table 18: Active mines in North America, 2022

Table 19: Active mines in Oceania, 2022

Table 20: Active mines in South and Central America, 2022

Table 21: Development projects in APAC, 2022

Table 22: Development projects in Europe, 2022

Table 23: Development projects in Former Soviet Union, 2022

Table 24: Development projects in Middle East and Africa, 2022

Table 25: Development projects in North America, 2022

Table 26: Development projects in Oceania, 2022

Table 27: Development projects in South and Central America, 2022

Table 28: Exploration projects in APAC, 2022

Table 29: Exploration projects in Europe, 2022

Table 30: Exploration projects in Former Soviet Union, 2022

Table 31: Exploration projects in Middle East and Africa, 2022

Table 32: Exploration projects in North America, 2022

Table 33: Exploration projects in Oceania, 2022

Table 34: Exploration projects in South and Central America, 2022

Table 35: Consumption by country (thousand tonnes), 2006–26

Table 36: New passenger car sales by country, (thousand units), 2022 vs 2021

Table 37: Automotive production by Country (thousand units), 2017–21

Table 38: Construction output value by Country ($ billion), 2010–26

Table 39: Top exporters of zinc ores and concentrates (thousand tonnes), 2020–21

Table 40: Top Importers of zinc ores and concentrates (thousand tonnes), 2020–21

Table 41: Glencore Plc, major projects, 2022

Table 42: Vedanta Resources Plc, major projects, 2022

Table 43: Teck Resources Ltd, major projects, 2022

Table 44: Zijin Mining Group Co Ltd, major projects, 2022

Table 45: Votorantim SA, major projects, 2022

Table 46: Industrias Penoles, major projects, 2022

Table 47: Boliden AB, major projects, 2022

List of Figures

Figure 1: Zinc reserves by country (million tonnes), 2018–22

Figure 2: Zinc reserves by country (%), 2022

Figure 3: Historical and forecast zinc mine production (thousand tonnes), 2006–26

Figure 4: Zinc mine production by country (thousand tonnes), 2020–21

Figure 5: Zinc mine production in China (thousand tonnes), 2006–26

Figure 6: Zinc mine production in Peru (thousand tonnes), 2006–26

Figure 7: Zinc mine production by company (thousand tonnes), 2020–21

Figure 8: Zinc prices, quarterly ($/tonnes), 2015–22

Figure 9: Historical and forecast zinc consumption (thousand tonnes), 2006–26

Figure 10: Global zinc consumption by end use (%), 2022

Figure 11: Automotive production by Country (thousand units), 2017–21

Figure 12: Construction output in value by Country ($ Billion), 2006–26

Figure 13: Top exporters and importers of zinc ores and concentrates (%), 2021

Frequently Asked Questions

The Zinc mining market size was 12.8 million tonnes (Mt) in 2022.

The zinc production is expected to achieve a CAGR of less than 1% during 2023–2026.

The key regions in the Zinc mining market are APAC, Europe, the Former Soviet Union, the Middle East & Africa, North America, Oceania, and South & Central America.

The key countries associated with the Zinc mining market are Australia, China, Russia, Mexico, and Peru, among others.

Some of the leading producers in the Zinc mining market are Glencore Plc, Vedanta Resources Ltd, Teck Resources Ltd, Zijin Mining Group Co Ltd, Votorantim SA, Industrias Penelos SAB de CV, and Boliden AB.

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