Agreed that the LME warehouses are not all the zinc around but even if you take all the zinc in chinese warehouses too you only get up to 250k ton , bear in mind that the LME used to hold over a million ton and the monthly zinc usage is over 1 million , and you are still at less than a weeks supply, we have a nice asset here which will be viable all the way down to 25-50c prices
Agreed that the LME warehouses are not all the zinc around but...
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