Exclusive: Sanctions delay to Russian zinc mine causes supply miscalculation, sources say
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 25 2024
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Source: Reuters
Impact of Sanctions on Zinc Supply: Western sanctions on Russia's Ozernoye zinc mine are hindering its ability to replace essential equipment, leading to potential shortages in mined zinc supply and contributing to rising zinc prices.
Production Challenges and Future Outlook: Ozernoye aims to produce zinc concentrate comparable to previous targets despite current production delays due to damaged equipment; however, uncertainties remain regarding overall output amid other industry disruptions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
