KZL 0.00% 12.0¢ kagara ltd

zinc set to go sky high

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    See: Zinc set to go sky high as supplies deplete in medium term

    Of note:

    The main factor that comes into play here is mine supply, with some of the biggest zinc mines in the world set to close over the coming years - the Century mine in Australia owned by China's Minmetals, which produces 500,000 tonnes a year, is due to close in early 2016 (actually early 2015 I think), while Xstrata's (LON:XTA) Brunswick mine in Canada, which provides 220,000 tonnes a year, is due to shut in early 2013.



 
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