It does not work without zinc and copper
More than half of the zinc goes into the construction sector. A thin layer of zinc protects against rust (corrosion). The second most important sector is the automotive industry, followed by industrial machinery. Zinc is also contained in fertilizers and cosmetics. Zinc is often mined together with lead, copper, silver and other metals.
This makes zinc dependent on the development of the global economy in terms of value. China and other Asian countries, which have recovered more quickly from the pandemic due to strict measures, are experiencing economic growth. As a result, they also need more zinc again after the Corona crisis has been overcome.
Although a shortage of microchips is currently holding back car production, the Chinese car market is the most important and growing market, and demand there also picked up significantly at the end of 2020. Analysts expect the car market in China to grow beyond pre-Corona levels this year.
The sought-after raw material zinc is available in important zinc mining areas in Canada, for example. There, Osisko Metals - https://www.youtube.com/watch?v=hp1PbZZI-ho - owns the Pine Point project in the Northwest Territories and the Bathurst Mining Camp projects in northern New Brunswick.
Copper is also dependent on the global economy and is needed in the automotive industry, especially for electric vehicles. Aurania Resources - https://www.youtube.com/watch?v=Pepo7cpjLvU - holds copper and also gold in Ecuador at its The Lost Cities Cutucu project. Focusing on copper and precious metals, Aurania Resources acquires and explores mineral properties.
Current corporate information and press releases from Osisko Metals (https://www.resource-capital.ch/en/companies/osisko-metals-inc/) and Aurania Resources (https://www.resource-capital.ch/en/companies/aurania-resources-ltd/).
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