Output cuts extend through lead and zinc industry

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Mon, Jan 26, 2009

Natural Resource Market News
Post by Melissa Pistilli, Resource Reporter

Lead Investing News reports lead prices have been declining with the global recession and companies having to cut or hold their plans to bring on new mines.

Some existing producers have also shut down or curtailed output at mines and plants as high costs and low prices bite. Zinc and lead producers have taken some of the biggest hits, with many companies underwater at current metal market prices.

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