Tag: Japan’s base metal production in FY ’23 drop

  • Japan’s base metals production drops in FY’23, zinc at 57-year low

    Japan’s base metals production drops in FY’23, zinc at 57-year low

    Japan’s preliminary production data from the Ministry of Economy, Trade and Industry for financial year 2023 (FY2023) revealed a notable 4.9% y-o-y decrease in base metals production, marking a record decline. Despite this, production volumes remained robust, surpassing 1.5 million tonnes (mnt). Zinc experienced its second consecutive annual decline, dropping below 500,000 tonnes (t) for…