Extract from a Tim Threaadgold newsletter:Zinc, perhaps the most...

Extract from a Tim Threaadgold newsletter:

Zinc, perhaps the most unlikely of metals to enjoy boom conditions given its mundane uses such as galvanising steel, is said to be in the foothills of a record price having risen by 40 per cent over the past 12-months to $US3609 a tonne, perhaps on its way to the $US4400/t reached in 2006.
South32 Chief Executive Graham Kerr reckons investors are blind to the coming zinc boom, a point made when justifying his company’s planned investment in the Taylor mine in the U.S.

Zinc and silver are far more attractive in a world that needs more “green” metals, particularly if you believe in the 1.5-degree global temperature rise scenario,” Kerr said.

As well as global demand potentially doubling to 24 million tonnes a year, supply is expected to fall by 3.5 per cent by 2030