Industry Analysis & Industry Trends
The Lead, Zinc & Tin Production industry is expected to generate revenue of about £885.4 million in 2011-12, compared with £548.8 million in 2006-07 (yielding annual growth of 10.0%). The five-year period was characterised by large swings in industry revenue, reflecting unprecedented shifts in the US dollar price for lead and substantial variations in the value of the British pound. Industry revenue is expected to increase by 18.1% in 2011-12 as US dollar prices for lead and zinc rise strongly. Although the British pound is expected to firm a little against the US dollar, prices will also rise in local currency.
The industry is forecast to produce 341,000 tonnes of refined lead in 2011-12, compared with 354,700 tonnes five years earlier... purchase to read more
Industry Report - Industry Investment Chapter
Lead, zinc and tin smelting and refining relies on large-scale investment in capital equipment rather than upon labour. The ratio of depreciation to wages is about 1:1.4, reflecting the importance of capital investment in the industry. The need to service the capital expended in refinery construction and upgrades is a substantial cost... purchase to read more