Iran War Hits Zinc Market as China Faces Raw-Material Disruption
Workers in a lead-zinc mine in Bijie, China.
Photographer: AFP/Getty ImagesChinese zinc smelters are facing disruptions to shipments of raw materials from Iran, putting further strains on supplies after lower-than-expected deliveries from a major new mine in Russia.
Both Iran and Russia mainly ship their zinc concentrates — a form of semi-processed zinc ores — to smelters in China, as sanctions imposed by Western countries block off sales to other markets.