BASE METALS

Few and far between

Zinc has been one of a handful of commodities that have continued to perform strongly into the second half of the year. Though the price has had a couple of hiccups and has most recently suffered a slight correction over the back of October, it was still up more than 45% early this week to around US$2,300 per tonne.

The Lisheen zinc mine in Ireland is one of a few large operations closing and causing a squeeze on supply

The Lisheen zinc mine in Ireland is one of a few large operations closing and causing a squeeze on supply

The driver of this price rise is well known.  Several major mines such as Century in Australia and Lisheen in Ireland finally declined at the same time low prices – zinc had dropped to a six-and-a-half...

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