Insight

Zinc mines in China: characteristics and cost drivers

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Report summary

China is the world s largest producer of zinc in concentrate accounting for 40% of global supply.Typically low labour wages consumable and freight costs give Chinese zinc miners an advantage over their counterparts in the rest of the world. However most mines in China are very small and have poor productivity which coupled with higher power costs means that these advantages are frequently offset. In this insight we have compared some of the key characteristics of Chinese mines to their counterparts in the rest of the world.

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  • Document

    Zinc mines in China: characteristics and cost drivers

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Table of contents

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Tables and charts

This report includes 11 images and tables including:

Images

  • Locations of the mines and smelters covered in Wood Mackenzie's cost service
  • Zinc mines in China: characteristics and cost drivers: Image 3
  • Percentage of production by mine size for China and rest of world
  • Economy of scale demonstrated by costed zinc mines outside China
  • Key identifiable cost metrics for zinc mines in China compared to rest of world average
  • Zinc mines in China: characteristics and cost drivers: Image 1
  • Comparison of 2016 labour earnings and productivity between major zinc producing countries
  • Power price and fuel cost comparison between China and other major zinc producing nations
  • Zinc mines in China: characteristics and cost drivers: Image 9
  • Evolution of exchange rate of major zinc producing countries since 2012

Tables

  • China's standard for classification of mines

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