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Commodity Profile – Zinc
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Zinc is a blue-gray, metallic element, with atomic symbol Zn. Zinc is the fourth
most common metal in use, trailing only iron, aluminium, and copper. Zinc ores contain
5 -15% zinc. Over 95% of the world’s zinc is produced from zinc blende (ZnS). About
70% of the world’s zinc originates from mining, while the remaining 30% comes from
recycling secondary zinc.
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Economic importance
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Zinc is mainly used in galvanizing due to its resistance to corrosion.
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Its strength and electrical conductivity make it useful in electrical plugs.
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It has major applications in construction industry, transport, consumer goods, electrical
appliances and general engineering.
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Global Scenario
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Asia, Europe and America are the major regions for zinc production. Zinc is mined
mostly in China, Australia, Peru, Europe, Canada, Mexico and the US. China is the
largest producer of Zinc mine output with 30% contribution to total output. Global
zinc production has seen a significant growth in last few years on rising demand
from the construction industry. China is the largest zinc consuming country in the
world. Other major zinc consumers are Europe, United States, Japan and Korea.
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Domestic Scenario
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India accounts for 4% of total zinc production in the world. India is one of the
fastest growing regions of zinc consumption in the world. Zinc consumption in the
last years has increased in India. Growth in steel sector is the main factor behind
the rise in domestic consumption as 70 percent of India’s zinc use is accounted
by steel galvanizing. Hindustan Zinc Ltd. is India's largest producer of zinc. All
the major zinc ore mines in India viz. Rampura Agucha, Rajpura Dariba and Zawar
mines are located in the state of Rajasthan.
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Product Profile
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