Zinc - an important metalVon Swiss Resource Capital AG
A metallic coating of zinc serves as rust protection, this already since ancient times. The oldest method is the so-called hot-dip galvanizing, in which the piece to be galvanized is immersed in a bath of liquid zinc. There are also galvanizing, mechanical coatings, a zinc flake coating or spray galvanizing. The automotive and construction sectors cannot do without the bluish-white brittle metal. Zinc is also one of the most important materials in non-rechargeable batteries. In rechargeable batteries, zinc, discovered in India in the 14th century, is only used to a limited extent.
By the way, zinc is an essential trace element in the body for metabolism. And rare plants grow particularly well in zinc-rich soil. A tonne of zinc currently costs just under USD 3,100. After a sharp drop in price in March 2020, which, however, affected many raw materials, the price has thus recovered very well today. Around 12 million tonnes of zinc were produced worldwide in 2020.
In the US, zinc mostly comes from Alaska. China produces the most zinc on earth. One of the largest zinc mines there is the Caijiaying mine in Zhangjiakou. It supplies zinc, gold, silver and lead and is owned by Griffin Mining - https://www.youtube.com/watch?v=B0psAdJ4o48 . The mine has been operated by Griffin Mining since 2005, 365 days a year, and it is located about 250 kilometers from Beijing.
Another company focused on zinc is Osisko Metals - https://www.youtube.com/watch?v=1abKFXCdN04 -. In Canada, the company controls one of the most important zinc areas with the Pine Point project. Recent drilling returned up to 17.95 percent zinc.
Current corporate information and press releases from Griffin Minerals (- https://www.resource-capital.ch/en/companies/griffin-mining-ltd/ -) and Osisko Metals (- https://www.resource-capital.ch/en/companies/osisko-metals-inc/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
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