Exclusive-Sanctions delay to Russian zinc mine causes supply miscalculation, sources say By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 25 2024
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Source: Investing.com
Impact of Sanctions on Zinc Supply: Western sanctions on Russia's Ozernoye zinc mine have hindered 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: Despite plans to produce significant volumes of zinc concentrate by 2025, Ozernoye faces delays due to damaged processing components and is working with a local partner to replicate necessary technology.
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.
