Zinc and Copper Benefit from an Economic Boom – Columns

The demand for zinc, especially the demand for galvanized steel, will grow, as many industry experts agree. The same applies to copper.

The global economy has just cooled, but important zinc consumers such as China and India need the raw material to build vehicles and implement infrastructure projects. And China, the International Monetary Fund (IMF) is currently forecasting, will show growth of 7.9 percent in the current year. Some therefore expect an impending zinc supply crisis.

Zinc binds a weather-resistant protective layer in the air, which is why it is used as corrosion protection, for example for galvanizing iron. The metal is used not only in the field of automotive accessories, in precision equipment and electrical engineering, but also in construction.

A company that specializes in this raw material is Osisko Metals – -. Two of the most important zinc mining areas in Canada are under Company control, the Pine Point Project in the Northwest Territories and the Bathurst Mining Camp projects in northern New Brunswick.

Copper is considered an economic metal. If the global economy recovers from Corona and its effects, then the automotive and construction industries will recover and a pent-up demand could increase the demand for copper. The companies that own copper in their projects will benefit. This includes about Hannan Metals – -. Its 937 square kilometer San Martin property in Peru contains copper and silver.

Current company information and press releases from Osisko Metals (- -) and Hannan Metals (- -).

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