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Rising stocks of concentrate, high treatment charges and difficulties in selling less desirable qualities of concentrate was expected to result in mine production losses over the next few years. But coronavirus has changed this dynamic, both directly through measures to curb the spread of the virus and also the large fall in base metal prices which has impacted miner’s profits. Understanding the effect of the virus to date and the scope for further reductions to planned mine output is critical to zinc’s near-term supply outlook.
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