Absolutely correct about zinc.
Everyone is talking about copper. But when l checked yesterday l saw aluminium was up 9.4% in the past month vs. copper 9.7%. Silver has been strong -- up 15% the past month, following gold upwards. Zinc was up about 8% over the month, from memory. All these are commodities we mine. Tin which we don't mine, has had a great year. MetalsX (MLX) up 60% in 3 weeks. Base metals doing really well.
S32 is up 16% since 26th March.
I read this today about zinc:
https://www.reuters.com/markets/commodities/smelter-charges-collapse-zinc-mine-supply-falters-2024-04-09/
And in the space of a fortnight, it feels like Groote Eylandt and our manganese problems are ancient history.
general, page-144
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Last
$3.10 |
Change
-0.040(1.27%) |
Mkt cap ! $14.04B | |||
| Open | High | Low | Value | Volume |
| $3.06 | $3.12 | $3.06 | $35.30M | 11.40M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 391635 | $3.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.12 | 1904 | 2 |
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| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| S32 (ASX) Chart |