I am very bullish on zinc reason being we just cing the growth in China and India. The big change in come decade is the buying power on China and India. In few years time china and india per capita car index is going to jump big time credit sussie puts it at 20% plus growth per year for next 20 years that is huge all that new car need sheet metal with zinc galvanized steel
also few big zinc mines r closing which would pressure on new mine development
BTW i hold OVR,IBG and RXL
link to some big mines and production capacity in the world
Thelink
For me Zinc is the new iron ore
I am very bullish on zinc reason being we just cing the growth...
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Last
12.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $51.32M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.3¢ | 12.5¢ | $162.7K | 1.252M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 265704 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 292348 | 2 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| RXL (ASX) Chart |