Producers Aim to Address Growing Global Zinc Deficit amid Price Surge, Rising Demand
NetworkNewsWire Editorial Coverage: Zinc is used for various applications in many industries, including construction, oil & gas, power generation, automotive and shipbuilding. It is also used to produce zinc oxide, a constituent of many diverse products including nuclear reactors, solar cells, sunscreen, multivitamins and fertilizer. Fully 50 percent of the world’s zinc is used in galvanizing steel to prevent corrosion, which makes it highly prized by countries engaged in infrastructure development. Amid heightened demand, Mining.com (http://nnw.fm/9jaWx) reports that zinc prices have surged by 78 percent since 2016, have increased 286 percent in the last two years, and currently stand at…
