FOCUS ON ZINC CAPITAL EXPENDITURE TRENDS FOR CONCENTRATE SUPPLY

摘要

Capital spending for the construction of new zinc mines and brownfield expansions has been on the rise in recent times, as companies recover from a prolonged period of deferred and cancelled capital projects. Given the relatively high capital intensity of the materials industry, changes to costs can have a significant impact on industry wide returns, and this has been most apparent in the currently weak market for zinc.