Research and Markets, the world’s largest market research store said the global lead mine production is projected to grow between 2018 to 2022, fueled by increased demand for lead acid batteries from the automobiles and electric bikes sectors, especially from China and the US.
China, US and Australia’s declining production last year affected metal content in ore production that was estimated to have fallen to 4.7Mt, down by 0.9 percent over 2017.
In 2017 environmental inspections in China and Australia resulted in the closures of few operating lead mines and hindered production.
Projects due to begin operations in the next few years include the Lucia project and Castellanos project in Cuba (2020), the Tala Hamza project in Algeria (2021), the Camaqua project (2022) in Brazil, and the Rosh Pinah project in Namibia (2022).
Research and Markets’ recent report ‘Global Lead Mining to 2022’ provides comprehensive coverage on the global lead industry.
According to the researchers the report provides historical and forecast data on lead production by country, lead reserves, lead reserves by country, and consumption to 2022.
“The report also includes a demand drivers section providing information on factors that are affecting the global lead industry. It further provides mines and projects count by the company by status, and by region, profiles of major lead producers, information on the major active, planned and exploration projects by region,” said the researchers.