While zinc didn’t do well in 2015, like many metals it’s enjoyed a rebound so far in 2016. As of November 24, the zinc price hit its highest since March 2008 at $2,749 per tonne. That being said, zinc was a favorite for analysts this year. They expect that the strong demand of the base metal will continue to rise while the supply will fall mainly affected by mine closures. Given that situation, it’s interesting to look at how zinc supply is doing. Here’s a brief overview of top zinc production in world by country for 2015, as per the most recent data from the US Geological Survey. According to Insidermonkey experts made a list of the 8 countries that produce the most zinc in the world.
The eight largest zinc producers accounted for just over 5.8 million tons or 45 percent of the world total. The ten largest refiners include both companies that mine and refine their own zinc ores, as well as refiners that purchase from independent mines. In many cases, refiners use both their own and sourced zinc ore supplies. The statistics below are compiled from company annual and operation reports available from producer websites. You can also read our article on the 8 countries that produce the most walnuts in the world.
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