Zinc prices have surged more than 24% last year. In fact the...

Zinc prices have surged more than 24% last year. In fact the base metal hit a 10 year high in August 2017, backing the $3000/tonne mark.

Supply concerns have hit the refined zinc market recent month, with prices reaching a decade high in August and continuing to trade above $3000/tonne level since then. Zinc market is expected to continue to tighten and sustain the price as the global demand increasing.

PNX is well established position to develop zinc assets in this year. PNX SP is also be reflecting actual value of the assets.