Our well endowed' HRZ time under the sun will come sooner or later as we are in Gold, Silver and Commodities Super Cycle for obvious reason and no amount of jawboning will stop L/T Gold Price appreciation with the pile of printed paper/electronic currencies increase and our Zinc/Silver Nimbus as well as Vanadium projects value will only grow with time as eg Barry FitzGerald others predicting:Zinc
"After a couple of miserable years on the price front, zinc is back in town.
It stands to reason too, given 60% of the metal goes in to galvanising steel for use in construction (51% of zinc’s market), transport (20%), and infrastructure (16%).
They are all sectors benefitting from monster stimulus packages in the major economies designed to get things moving post-COVID.
That has come through in the record global steelmarket, led by China. And there is no point in making all that steel without galvanising it to protect it from rusting away inside of 12-18 months.
Because zinc production was hit hard in 2020 by the impacts of COVID on major production sources in South America, the supply of the metal tightened up nicely, just as the demand pick-up kicked in.
That has continued in 2021, with zinc scooting off to $US1.32/lb in response. That compares with zinc’s annual average of $US1.15/lb in 2019 and $US1.02/lb in 2020.
The current price is not boom time stuff. But it is a price at which the industry can once again make decent returns, particularly as the price smelters charge to process concentrate supplies from mines has collapsed, boosting returns for the miners.
Most analysts have zinc retreating back to around $US1.10/lb as production sources hit by COVID come back into production. Much of that negativity is because zinc is not seen to be a metal of the future like copper where demand is forecast to increase 2.3 times by 2050.
But Canada’s Teck, the world’s biggest zinc producer, has demand growth for the metal not far behind copper with a 2.1 times increase in the same timeframe. No one is sure where that supply will come from as China, a big producer of zinc, is struggling to maintain production because of falling grades and environmental crackdowns.
What is known is that the zinc market remains very tight, and that at these price levels, the ASX zinc stocks stand to benefit as the impact of sharply higher prices bumps up earnings for the producers, and encourages the developers and explorers to get on with things..."
Vanadiummarket news
Vanadium ore global market report 2021: COVID 19 impact and recovery to 2030.....the global vanadium ore market is expected to grow from $1.49 billion in 2020 to $1.6 billion in 2021 at a compound annual growth rate [CAGR] of 7.4% The market is expected to reach $2.36 billion in 2025 at a CAGR of 10.2%......The vanadium mining market consists of sales of vanadium ores and concentrates and related services. The use of vanadium redox flow batteries (VRFBs) for energy storage is an emerging trend market. This trend will drive a structural change in the vanadium ore mining market dominated by steel manufacturers......The increasing use of Vanadium in automobile industry will drive the Vanadium ore mining market. Use of vanadium alloy for manufacturing automobile parts will reduce their weight and increases their fuel efficiency. According to an investing firm (aheadoftheherd.com), around 85% of all automobiles will incorporate vanadium alloy to reduce their weight, thereby increasing their fuel efficiency by 2025.
On May 6 Yahoo Financereported:
On May 10 PV magazinereported:
GLTAH
