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.
Absolutely correct about zinc.Everyone is talking about copper....
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Last
$3.82 |
Change
-0.030(0.78%) |
Mkt cap ! $17.30B | |||
| Open | High | Low | Value | Volume |
| $3.85 | $3.87 | $3.80 | $37.06M | 9.689M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 129199 | $3.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.82 | 139242 | 3 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| S32 (ASX) Chart |