Zinc - Where is it going?

[frugal.rock]

Further to the above from late June....



From this article

Zinc's turn to feel the squeeze as LME stocks evaporate

London Metal Exchange (LME) zinc stocks have been raided this week, leaving available inventory close to depletion.

www.reuters.com

Perhaps the squeeze is now really biting. Prices may have to skyrocket for smelters to do their thing with energy as it is.
I guess we will hear something official "soon"...
EDIT, that will do it, a big smelter halting. See below post.

 

[frugal.rock]

Zinc Surges as Trafigura-Owned Smelter to Halt Production​

• Prices climb more than 7% on LME after announcement by Nyrstar
• Nyrstar’s Budel smelter is one of Europe’s biggest zinc plants

Bloomberg - Are you a robot?

www.bloomberg.com

 

[greggles]

Another bullish article.

Exploring zinc, the unassuming green metal

Zinc is becoming more and more important in the green transition. We take a closer look at its renewable energy future.

www.australianresourcesandinvestment.com.au

 

[frugal.rock]

China reopening. Industrial metals rallying.
Could have a cracker rally here if it sticks to recent trend of higher highs, higher lows with widening crescendo channel to the upside.
Or is it beware of the 3rd wave?

 

[frugal.rock]

Wowhead

 

[frugal.rock]

Not sure of zinc plays on ASX now that NCZ has been taken over.
Any thoughts on current play's?

 

[frugal.rock]

Chart update