Lead Production Will be Affected in 2012

Reuters reported that lead production will be affected by China’s decision to close inefficient lead operations in 2012.

As quoted in the market news:

The Ministry of Industry and Information Technology said on Thursday it planned to close thousands of tonnes of production capacity in base metals in 2012, with the largest volumes being on copper at 700,000 tonnes and lead at 1.15 million tonnes. .

Click here to read the full Reuters report.