Why invest in zinc
Zinc is necessary for modern life. In world production it is surpassed only by iron, aluminum and copper
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Zinc is not only the second most abundant metal found in the human body after iron - it is significant for a strong immune system and for the growth and development of humans, plants and animals. Zinc is the most important ore mineral on earth. About three quarters of zinc is used as a coating to protect steel and iron from corrosion. The rest of the zinc goes to the chemical, paint, agricultural and rubber industries.
According to forecasts, global zinc consumption will increase by around 4.2 percent in the current year compared with 2020. In 2020, the average price of one metric ton of zinc on the LME was around US$2,266. Buildings and structures, whether for steel structures in concrete construction or in the field of architecture, zinc and zinc coatings protect. Zinc is as old as the earth's crust and was probably already used in ancient times as a component of brass to make coins, probably without knowing it. It was only relatively late, in 1374, that Indians recognized zinc as a new metal. India is also home to the world's largest zinc mine, the Rampura Agucha mine. Major zinc producing countries are China, Peru, the USA, Australia and India.
In China, Griffin Mining - https://www.youtube.com/watch?v=nK5ModCMN6k - is the largest zinc producer with its Caijiaying zinc gold mine. The company expects to increase production by 80 percent in the next few years.
In Canada, Osisko Metals - https://www.youtube.com/watch?v=OSUoSOiBszY - is one of the companies specializing in zinc deposits. The Pine Point project in the Northwest Territories and the Bathurst Mining Camp in New Brunswick have high-grade zinc.
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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