Industry Analysis & Industry Trends
Producing lead, zinc and tin involves recovering these metals from ore and scrap, and then refining them. The United Kingdom does not have any zinc mines and modern tin mining only commenced in 2015. Lead mining in the United Kingdom is also relatively limited. Over the past five years, operators purchased these metals on global markets and processed them into semi-manufactured goods like alloys, foil and wire. This makes the industry vulnerable to volatility in world markets, something from which operators are keen to insulate themselves wherever possible. Technological advances and recent exploratory digs seem to suggest that previously inaccessible or untapped domestic zinc and tin reserves could be reached. This could revolutionise the industry in the near future... purchase to read more
Industry Report - Starting a New Business Chapter
Prospective industry entrants face very high barriers to entering the industry, including a lack of local feedstock. The mine output of lead is limited to a small volume of material extracted as a by-product of gold and fluorspar mining, tin production is still in its infancy as the only British tin mine has just reopened at the end of 2015 and there are no zinc mines at all. Becoming a lead, zinc or tin refiner would require either the purchase of an existing plant or the construction of a new refinery. The former option would depend on existing operators' willingness to sell facilities, while the latter would require a prospective entrant to both gain planning approval and persuade investors and/or bankers that new plants would be profitable. Neither option seems likely.
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