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Zinc 2020 and beyond

Senior zinc mining executives have learnt to take a measured, even a philosophical view when it comes to the zinc price. Steve Williams, CEO of TSX-listed Pasinex Resources, told Mining Journal: “It’s not a metal that can go crazy, it’s not gold, it’s not copper. Galvanising steel is pervasive all around the world; you can’t afford to put a very expensive chrome or nickel on steel, so it has to be relatively cheap.”

Zinc 2020 and beyond Zinc 2020 and beyond Zinc 2020 and beyond Zinc 2020 and beyond Zinc 2020 and beyond

Red Dog in Alaska, USA. Few big new zinc mines on the horizon

There was a sort of cap on the zinc price, said Williams, because everyone knew if it went too high, it opened the door to substitution, by aluminium, for example.