The shrinking stockpiles are great although for mine it is better to look inot the reason why zinc will be in high demand.
here some excerpts from the many articles online regarding urbanization over the ncoming years. As we know with urbanization comes demand for zinc,
Its is a good time to be sitting on as large a large Zinc deposit as IBG is!
"But as we noted in the latest report for Australian Small-Cap Investigator, China’s middle class now consists of around 300 million people. Global advisory firm KPMG forecasts that figure to swell to 630 million by 2022"
"Making changes to land use that would spur denser cities could saveChina $1.4 trillion from a projected $5.3 trillion in infrastructure-spending needs during the next 15 years, World Bank chief operating officer Sri Mulyani Indrawati said.
By 2030, more than 55 percent of the population of Asia will be urban. Another 1.1 billion people will live in the region’s cities in the next 20 years. "
"BEIJING — China is pushing ahead with a sweeping plan to move 250 million rural residents into newly constructed towns and cities over the next dozen years — a transformative event that could set off a new wave of growth."
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