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Korea Zinc Wins $429.9 Million Silver Order From Japan
Dec. 01, 2010 04:42AM PST
Base Metals Investing Bloomberg.com reports that Korea Zinc, the world’s biggest zinc producer, has been asked by Japan to supply them with $429.9 m in silver
Bloomberg.com reports that Korea Zinc, the world’s biggest zinc producer, has been asked by Japan to supply them with $429.9 m in silver.
The story is quoted as saying:
Korea Zinc is seeking to boost production of silver and other metals on rising demand. Silver for immediate delivery surged 68 percent this year, outperforming gold and copper, while zinc fell 16 percent. It earns about half its revenue from zinc and lead and the rest from by-products including gold and silver that are produced from refining zinc ore.
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