Soaring zinc prices?
Shrinking supplies seems to overcome gravity of slowing base metals demand
Last updated 2/6/2018 at 7:27pm
Caught between an updraft caused by dwindling supply and the gravity of slowing growth in global demand, zinc prices seem to have reached a cruising altitude above US$1 per pound.
Recent closures of two large zinc mines - Century in Australia and Lisheen in Ireland - wiped out more than 600,000 metric tons of the world's annual supply of the galvanizing metal.
Analysts expected these looming su...