The latest report titled “Zinc Production” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Zinc.
Procurement Resource study is based on the latest prices and other economic data available. It also offers additional analysis of the report with detailed breakdown of all cost components (capital investment details, production cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the production process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.
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Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry that might influence Zinc production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Zinc Production Process:
1. Zinc Production Cost From mining: This report presents the detailed production methodology and cost analysis of Zinc industrial production across Zinc manufacturing plants. It is a traditional process which involves mining of zinc ore to obtain elemental zinc. The further process involves roasting, leaching, purification, electrolysis and at last melting and casting to obtain the final product.
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Product Definition:
Zinc is a bluish-white lustrous metal with atomic number 30 and chemical symbol Zn. It has high resistance to corrosion as it forms a layer of protective oxide over its surface on reaction with air and water. This property makes it a suitable choice in the galvanization process for the protection of other metals. Due to its high reactivity, it is also used as a sacrificial anode with more electrically reactive metals such as iron and in day-to-day life aids in preventing their oxidation. In addition to this, it is also an essential element in human body as it is found as an integral part of many proteins and enzymes. It is also centrally involved in the cellular metabolism and synthesis of DNA.
Market Drivers:
Zinc is significantly employed in the galvanizing steel industry where it acts as a sacrificial metal which prevents the oxidation of other more reactive metals. This makes it an essential component of construction and automotive industry. It is also a central element in the production of alloys such as brass and brozne which are utilized in manufacturing of pipes, fittings, and related items. Due to electrochemical properties, it is also used in the manufacturing of batteries, particularly alkaline and zinc-carbon batteries. The metal also functions as a catalyst in numerous chemical processes, including those that result in the creation of rubber, ceramics, and pharmaceuticals. In addition, zinc is used to make pigments and colors as well as a UV shield in sunscreen.
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