Zinc: Century Closure To Limit Production

BMI View: The planned closure of Minmetals ' Century m ine in 201 6 will drastically affect refined zinc production growth in Australia. Rising zinc stockpiles and softening demand from China will continue to keep a lid on prices and provide little impetus for capacity expansion. Overall, we forecast refined zinc output to reach 4 6 4 kt ( '000 ) by 201 9 , an annual average growth rate of - 1 .6% from 201 3 levels.We believe growth in Australia's refined zinc production is poised...

Please subscribe below to view this content.