Supply Deficit, Strong Demand Could Benefit $16.5 Billion in Zinc Mining Projects Worldwide
SUGAR LAND--December 1, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--A speculative metals-buying binge has pushed prices for both zinc and lead up to their highest marks since the mining boom. Zinc prices recently reached a five-year high on the London Metal Exchange due to speculation, but also improving conditions in China that have buoyed demand for metals. Zinc prices are up more than 50% this year.
Within this article: Details on the global zinc market and how industry players are reacting to the stronger prices.
Other companies featured: Glencore plc, Trevali Mining Corporation (TSX:TV), MMG Limited, Vedanta Resources plc
A speculative metals-buying binge has pushed prices for both zinc and lead up to their highest marks since the mining boom. Zinc prices are up more than 50% this year
