Data and analytics company GlobalData has forecast that worldwide zinc production will grow at a compound annual growth rate of 3.8% between this year and 2022. This growth will be underpinned by production increases and the opening of new mines in Canada, China, India, Kazakhstan and Mexico, and will result in total global production of 15.7-million tons in 2022. “After declining substantially in 2016, global zinc mine production increased in both 2017 and 2018, reaching 13.2-million tons and 13.4-million tons respectively,” pointed out GlobalData senior mining analyst Vinneth Bajaj. The 2018 production increase was driven by a 9.9% increase in Australian production, an 8.5% increase in Peruvian output, a 7.9% rise in Indian production and a 5.9% increase in the US.
