The Conversation (0)
Platts reported that according to Investec, there could be a zinc concentrate deficit in the coming months. If that happens, the firm expects the metal’s price to see an increase.
Platts reported that according to Investec, there could be a zinc concentrate deficit in the coming months. If that happens, the firm expects the metal’s price to see an increase.
Commenting on MMG Ltd.’s (HKEX:1208) updated development plan for the Dugald River project, the firm said:
We see the zinc market as one of the few bright spots in the metals market right now given the natural attrition from old mines closing down.
The development of Dugald River has long been expected but a considerable deficit of concentrate could yet emerge in the market in the next few months — a situation that in our view could lead to a squeeze on the zinc price.