Title: Global Zinc Mining Industry Offers Prominent Growth Prospects: Ken Research
1 Global Zinc Mining Industry Offers Prominent
Growth Prospects Ken Research
2- 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 .
3- 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.
4Moreover, 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 industrys 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.
5- 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. Chinas
Yunnan province accounts for 22.8 of the
countrys 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.
6the 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.
7- 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
8Global 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
9Global 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.ken
research.com/metal-mining-and-chemicals/mining/glo
bal-zinc-mining/33372-101.htmlTo review similar
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10Contact UsKen ResearchAnkur Gupta, Head
Marketing CommunicationsAnkur_at_kenresearch.com
91-9015378249