Linking another article to the earlier post on why the rush is on for zinc supplies. IMHO, base metals are going to boom this year. The west has completely under estimated the forthcoming infrastructure spend by the Chinese government.
Guangdong approves 1,170 key construction projects for 2019Industry News 02:59:58PM Mar 27, 2019 Source:SMMSHANGHAI, Mar 27 (SMM) –
China’s southern province, Guangdong plans to begin 1,170 key construction projects across the region this year, with total investment of 5.93 trillion yuan, the provincial development and reform commission said on Wednesday March 27.Those construction projects received the green light at the second session of the 13th people's congress of the province.There will be 10 airport projects and 14 offshore kinetic energy projectsThe 2.5 GW Lufeng nuclear power plant takes up 42.1 billion yuan of investment while the Lianjiang 2.5 GW nuclear power project has investment of 48 billion yuan.
RVR Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held