News
Markets
Intelligence
Careers
Education
Buyers Guide News Markets Buyer's Guide Advertise RSS Newsletter The Northern Miner MINING.COM Canadian Mining Journal Sign In Join Profile Sign out Copper Gold Lithium Nickel Commodities Iron Ore Rare Earth Coal Uranium Cobalt Diamond Zinc Platinum Palladium Silver Potash Suppliers Equipment TOP 50 USA Canada Australia Regions Africa China Latin America Europe Asia TNM Maps TNM Marco Polo Smelting constraints make zinc’s price plunge look overdone Reuters | July 17, 2018 | 12:23 pm Base Metals China Europe Zinc Image of Gamsburg Mine Flotation Area from Vedanta
LONDON, July 17 (Reuters) – Expectations for a rise in zinc concentrate supplies in coming years have driven down the metal price to one-year lows, but smelting capacity constraints suggest the sell-off is premature.
Benchmark zinc on the London Metal Exchange (LME) hit $2,473.85 a tonne on Monday, its lowest since mid-June 2017 and 31 percent below February’s 11-year high of $3,595.50. Sign Up for the Copper Digest Sign Up
Projects that will deliver more zinc concentrate to market include Vedanta’s Gamsberg mine in South Africa and three Australian projects, namely Dugald River owned by MMG , another mine run by New Century Resources and Glencore’s Lady Loretta mine.
Wood Mac...
![](/style/all/img/mobile/connexion_bis.png)
Cet article est reservé uniquement pour les membres Premium. 75% reste à lire.
Je me connecte
24hGold Premium
Abonnez-vous pour 1€ seulement
Annulable à tout moment