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NewswireTODAY - /newswire/ -
Beijing, China, 2011/02/14 - ResearchInChina, the vertical portal for Chinese business intelligence, announces the release of a new report - China Lead and Zinc Industry Report, 2010.
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As the largest producer and consumer of lead and zinc around the globe, the lead & zinc production and consumption of China accounted for more than 40% apiece of the world’s total in 2009. The sustained growth in the consumption demand of lead and zinc in China is the major stimulus for global lead & zinc market against the developed countries were suffering severely from the economic crisis.
The rapid capacity expansion of Chinese lead & zinc industry during the recent years has posed great pressure on the operation of the enterprises involved. The rising market price of lead & zinc concentrates and the ever falling market price of lead & zinc smelting products have reduced the profitability of Chinese lead & zinc enterprises. Therefore, whether to possess rich mine resources or not distinctly influences the profitability of lead & zinc enterprises.
Among the key lead & zinc smelting enterprises in China in 2009, the net profit margin of Zhuzhou Smelter Group Co., Ltd without lead-zinc mine resources was merely 0.6% while that of Yunnan Chihong Zinc & Germanium Co., Ltd in possession of lead-zinc mine resources hit 6.8%. Enterprises like Zhuzhou Smelter Group Co., Ltd, Yunnan Chihong Zinc & Germanium Co., Ltd., Shenzhen Zhongjin Lingnan Nonfemet Co., Ltd., and Zijin Mining Group Co., Ltd. currently hold the development projects of lead-zinc ore resources, and the investment in the upstream lead-zinc ore resources will be a highlight of the future industry.
For details of this report please visit researchinchina.com/.
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Agency / Source: ResearchInChina
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