LME zinc prices ‘must rise’ to encourage new mines: CRU

Feb 27, 2013 | 12:32 PM | Andrea Hotter

Tags  zinc prices, CRU Group, Graham Deller, zinc mines, Andrea Hotter

CANCUN, Mexico — Zinc prices need to be as high as $3,000 per tonne in order to stimulate new mining projects, according to CRU Group analyst Graham Deller.

"Miners need to believe that $3,000 (per tonne) is a price they can obtain," he said at the International Zinc Association conference in Cancun Mexico. "Zinc prices need to be 50 percent higher than last year."....





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