IZA CONF 2018: Lack of new zinc capacity after 2018 a concern, ILZSG says

A lull in the amount of zinc that is expected to come online starting next year could result in global supply issues, according to the International Lead and Zinc Study Group (ILZSG).

“It looks like there could be another [supply] gap developing from 2019, maybe for the next three years,”  the ILZSG's secretary-general Paul White told delegates on Monday February 12 at the International Zinc Association conference in Carlsbad, California.
The current supply shortage helped push zinc prices on the London Metal Exchange to a series of 10-year highs at the end of 2017. The LME’s three-month zinc contract averaged $3,412.80 per tonne in January 2018, up 27.4% from an average price of $2,727.74 per tonne in January 2017.

The ILZSG found that...

Published

February 14, 2018

02:50 GMT

Carlsbad, California