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Lack of new projects, M&A to buoy prices

A lack of new projects or acquisitions in the mining industry is likely to sustain the recent commodity price rally in the near term, according to one prominent ratings agency.

Lack of new projects, M&A to buoy prices Lack of new projects, M&A to buoy prices Lack of new projects, M&A to buoy prices Lack of new projects, M&A to buoy prices Lack of new projects, M&A to buoy prices

Zinc (pictured), along with copper, have the most upside price potential, according to S&P

S&P Global Ratings said limited additional supply and the possibility of better Chinese demand gives copper and zinc the most upside price potential.