The Conversation (0)
Zazu Metals Corporation (TSXV:ZAZ) reported that zinc has surged 12 pct after Glencore cuts output.
Zazu Metals Corporation (TSXV:ZAZ) reported that zinc has surged 12 pct after Glencore cuts output.
As quoted in the report:
Is one of the many headlines this morning after Glencore announced it was suspending operations in multiple mines. Sign of a bottom? Possibly. What is clear is that producers aren’t getting enough for their metal, so would rather not mine it, and this situation cannot continue indefinitely.
Couple this with intended closures this year of Lisheen (Ireland) and the world’s 3rd largest producer of zinc concentrate, Century Mine (Australia), and the upward pressure is on zinc and the need for great assets such as Lik is obvious.
Zazu is positioned to reap the benefit of such a zinc market. Zazu’s Lik is one of the largest, highest grade deposits globally. It has infrastructure access, a PEA and is on the cusp of entering permitting. This is a suite of features that are music to the ear.
Connect with Zazu Metals Corporation (TSXV:ZAZ) to receive an Investor Kit