How could Glencore stall it? Don't they hold less than 20%?
My understanding is Glencore plan to ramp up their 500mt gradually. Since withdrawing this, the world consumption of zinc has increased by over 1000mt.
Glencore's production cut in '15 accelerated the zinc price and no doubt bringing that back over the next few years will have an impact on price, but consumption will continue to increase.
IBG SP, page-32
Add IBG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.077M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $9.084K | 3.027M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1222416 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 36055661 | 23 |
View Market Depth
| Last trade - 15.37pm 29/07/2024 (20 minute delay) ? |
| IBG (ASX) Chart |