The heavy metal zinc
Zinc is also a vital element for plants and animals. The chemical and pharmaceutical industries use it. In the metallic form, zinc is used in the automotive industry, in the construction industry or in mechanical engineering. Today, a car contains about ten kilograms of zinc. Around three of these have the task of preventing corrosion. Almost 100 different parts in a car contain zinc. Corrosion protection for steel is the main issue with zinc.
Zinc is also needed for the production of refrigerators, washing machines or air conditioners. And zinc, the bluish-white metal, can be almost entirely recycled. Much of the zinc mined goes to the steel industry. As a result, the recovery of the Chinese economy, with the steel and auto industries leading the way, should ensure strong zinc demand. Last year, some important zinc producing countries such as Mexico and Peru were badly hit by the Corona pandemic.
The International Lead and Zinc Study Group forecasts a 4.2 percent increase in global zinc demand to 13.52 million tons in the current year. In terms of production, global zinc output is expected to increase by 2.9 percent to 13.99 million tons. Even if there is (still) a surplus of zinc in 2021, an investment in the metal is worth considering, as a rising economic recovery is expected before the end of the year.
Zinc is available in the projects of Griffin Mining or Osisko Metals.
Griffin Mining - https://www.youtube.com/watch?v=hd_vbsI41VQ -, the largest zinc producer in China, can produce year-round due to the climate. Its Caijianying mine supplies zinc, gold, silver and lead, and production can still be greatly increased.
Osisko Metals - https://www.youtube.com/watch?v=OSUoSOiBszY - has two high quality zinc projects, one in New Brunswick and one in the Northern Territories. Consistently good drill results demonstrate the quality of the projects.
Current corporate information and press releases from Griffin Mining (https://www.resource-capital.ch/en/companies/griffin-mining-ltd/) and Osisko Metals (https://www.resource-capital.ch/en/companies/osisko-metals-inc/).
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