CHARTS: The coming critical minerals trade war is BRICS short of a load
"While a large number of countries around the world continue to talk about securing raw material supply, China is actually doing something about it."
Mitsui Mining and Smelting Co, Japan’s biggest zinc smelter, plans to produce 110,800 tonnes of refined zinc in the second half of the 2022/23 financial year, up 0.2% year on year, it said on Monday.
The second half runs from October to March.
Zinc is used mainly as an anti-corrosive coating while making galvanized steel.
Following are details of the company’s output plan, with comparisons against estimated production in the first half of the 2022/23 financial year and actual production in the second half of 2021/22, which ended on March 31.
(Zinc and lead in tonnes):
H2 FY22/23 | H1 FY22/23 | H2 FY21/22 | |
Zinc | 110,800 | 112,400 | 110,600 |
Lead | 35,000 | 35,000 | 34,600 |
(By Yuka Obayashi; Editing by David Goodman)
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