Not over 5 per cent. of the ore smelted in Belgium is of domestic production. The mines are owned by French and German companies. The works are owned by French, Belgian and Germans in about equal proportions. Part of the Australian concentrates will be allotted to Belgium for smelting. The largest single factor in the Belgian industry, the Société de la Vieille Montagne, owned and worked mines in Belgium, Moresnet, Germany, Sweden, England, Algiers and Tunis and reduction works in Belgium, Germany and France. Although formerly a member of the German zinc convention this company seems to be controlled by Belgian capital affiliated with the strongest Belgian financial interests. Several other Belgian companies have important interests in France, Spain, Algiers, and Tunis. Close affiliation seems to exist, and may be expected to continue, between French and Belgian capital in the zinc industry.

Let us now consider the British Empire. The domestic production of zinc ores in the British Isles is insignificant, but the smelting works have made England an important factor in the industry, although before 1914 they produced only 32 per cent. of the zinc consumption of the empire. The capacity of these works, which are British owned, has been largely increased and new plants are being constructed to treat the concentrates from Australia and Burma, from which sources a supply more than sufficient is assured by the contracts of the imperial government with the Zinc Producers’ Association of Australia. The imperial government is interested in some of the plants. Reduction plants will also be in operation in Australia, Tasmania, India, and Canada. The excess Australian concentrates are to be allotted to French and Belgian works. With the organization now in effect, British domination of the European zinc industry seems certain.

The mines and works of Australia are entirely controlled by English and Australian capital. An organization under Australian government control has been made the sole marketing agency for the producers. The mines of India and Burma are English controlled and the smelter being constructed at Sakchi is partly financed by the Indian government. The mines of Canada are mostly British owned, although there are some American interests. The potential capacity of the mines is large. In spite of government subsidies, the capacity and future of the reduction works is uncertain.

French capital controls all the domestic works and mines of France; also those of Greece, Indo-China, Tunis, most of the mines of Algiers, where some Belgian capital is also interested, part of the Belgian and Polish mines and reduction works, some of the Spanish mines and smelters, and probably the Caucasus mines in Russia. France should be an important factor in the industry during the near future.

The largest mines of Italy are owned by Italian companies and some domestic reduction works are under construction by them. The chief producing company in northern Italy is English.

In Japan, Japanese capital owns all the domestic mines and works; also those of Chosen (Korea), and is rapidly securing control of the deposits of China and eastern Siberia. The present smelting capacity is greater than domestic consumption and much larger than the domestic ore supply. Ore is imported from China, Siberia, Indo-China and Australia.

As to Russia, the ownership of deposits in the Polish regions was divided between Russians and French before 1914, and this condition presumably will be restored, modified by Polish political control. The Russian interests were doubtless under German influence. The Altai Mountains region is controlled by British capital and its development depends wholly upon how internal social and political conditions affect the domestic market to which the product of this region is limited by geographic isolation. Eastern Siberia seems to be rapidly coming under the commercial control of the Japanese.

Holland has no mines but has considerable smelting capacity. It is dependent on its neighbors for coal also. Its future is difficult to forecast. The mines and works of Spain are largely under French and Belgian control, which may be modified by contracts with English interests. The control in Norway and Sweden is not definitely known. It is nominally by local capital but some English and German interests are probable. The Sulphide and the Zinc corporations, both British, are reported interested in the Hydraulic Power & Smelting Co.

The mines and works in Austria, which were owned by the Austrian government and Austrian companies, perhaps under German domination, will now be distributed among two or three political jurisdictions. Little ore is imported or exported, and the region as a whole is not an important factor in the industry.

The mines in Mexico are largely owned by Mexicans and Americans. German control is reported to be strong and growing. The possibilities of ore production are large.