Zinifex sees continued shortages, higher costs
Nov 29, 2005 | 09:44 AM
| Matthew Lerner
Zinifex Ltd., Melbourne, Australia, expects shortages of lead and zinc concentrate to continue, but the vertically integrated producer should be insulated from the worst effects of the shortfall, company executives said at its annual meeting.Of more immediate concern, they said, are rising operating costs-led by higher oil prices-that have been offset so far by higher realized prices for lead and zinc. Costs were up 10 percent in the fiscal year ended June 30 and Zinifex is predicting another 10-percent rise in the current fiscal year.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.