Reuters quoted an analyst at state owned research group Antaike declared that China’s refined zinc production may reach an all time record in the Q3 following the commencement of 300,000 tonnes of new annual capacity and greater use of existing capacity due to high prices. For full story, click here
The country’s second leading zinc producer, Binani Zinc Ltd (BZL), a Rs 300 crore Braj Binani Group enterprise, is planning to almost treble zinc production capacity to capitalise surging metal’s consumption in infrastructure. For full story, click here
China’s Yunnan Luoping Zinc & Electricity Co. has planned to expand its zinc smelting capacity by 50% to 120,000 metric tons a year in July. For full story, click here
Fat Prophets analyst Gavin Wendt said zinc and lead miners would be forced to close more capacity or postpone developments. For full story, click here
China’s Baohui Group plans to commission an additional 100000 tpy of capacity by end-2009 and raise company’s zinc smelting capacity to 160000 tpy. For full news, click here
Tuesday, August 11, 2009