Global Lead Market Trends
Demand for lead is primarily driven by lead-acid batteries used in conventional fuel car batteries as well as electric vehicles (EVs).
Mining Technology monitors the global lead market by observing lead price trends and analysing country-wise lead production, consumption, and export and import data. The performance metrics of lead mining companies and major lead mines around the world is also tracked.
Global lead metal production is recovering following a 5% decline to 4.5 million tonnes (Mt) in 2020. Lead production is forecast to reach 5.2Mt in 2025, according to GlobalData.