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Zinc’s status as the poor man of the industrial metals world has been forgotten, for now, with a recent price surge to a six-month high of US$3427 a tonne, but it could keep rising thanks to falling energy prices which have triggered smelter restarts in Europe.
Some traders are already penciling in a price of $3750/t in the current recovery which has seen zinc, which is mainly used as a protective steel coating (galvanizing), rise by 25% over the last three
Chinese, European smelting activity falls fast
Tinka's "spectacular" hole at Ayawilca
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