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
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.
. 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.