GlobalData: Global zinc production set to recover in 2021
2021-09-18 11:15:59 【Print】
Zinc mines are recovering from the impacts of COVID-19, according to UK-based GlobalData, with production expected to recover by 5.2% in 2021 to reach 12.8 million t.
The company notes that production declined by approximately 5.9% to 12.1 million t in 2020, mainly due to COVID-19 related lockdowns and restrictions. However, looking ahead, the company suggests that zinc production over the forecast period (2021-2025) is expected to grow at a compound annual growth rate of 2.1% to reach 13.9 million t in 2025.
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The company notes that production declined by approximately 5.9% to 12.1 million t in 2020, mainly due to COVID-19 related lockdowns and restrictions. However, looking ahead, the company suggests that zinc production over the forecast period (2021-2025) is expected to grow at a compound annual growth rate of 2.1% to reach 13.9 million t in 2025.
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