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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