July 14 (Bloomberg) -- China's smaller zinc and lead smelters agreed to cut output by 10 percent to bolster prices and ease a power shortage in the world's largest producer of the metals ahead of next month's Beijing Olympics.
Henan Yuguang Gold and Lead Co. and 26 companies agreed to reduce production for three months through September, the Shanghai Nonferrous Metals Trade Association said today in a statement.
Below is a list of the 10 largest among them provided by the association. Production capacity figures, in metric tons, are provided by CBI China Co.
Company Zinc Lead
Sichuan Hongda Chemical Industry Co. 120,000* --
Hanzhong Bayi Zinc Industry Co. 120,000 --
Henan Yuguang Gold & Lead Co. 100,000 300,000
Hechi Nanfang Nonferrous Metals Co. 80,000 --
Yunnan Luoping Zinc & Electricity Co. 60,000 --
Western Mining Co. Shanghai branch 60,000 --
Guangxi Chengyuan Mining & Smelting Co. -- 100,000
Lingbao City Xinling Refining Co. -- 100,000
Anyang City Minshan Nonferrous Metals Co. -- 80,000
Sichuan Four-Ring Zinc Co. 60,000 --
Total 600,000 580,000
Country's total as of 2007 4,400,000 3,600,000
% 13.6% 16%
*Note: Sichuan Hongda lost 100,000 tons of capacity during the May 12 earthquake.