Nice find. Thank you.According to this article 2020 will be an...

Nice find. Thank you.

According to this article 2020 will be an increased demand year for zinc after a bad year in 2019. Stockpiles are kept low because traders and smelters feel the supply is excess so they don't stress to keep stock at their warehouses but if the sentiment change from better demand and slowing production then the price could reach $1.50/lb again. Better demand may come from a stabilisation of the suffering auto manufacturing and slowing of supply may happen due to uneconomic miners become idle (hopefully not NCZ). Given all the above it's normal that NCZ is furiously trying to low cost of production...I don't feel there is room for laggards in this market. It kinds of reminds me the iron ore market a decade ago...