Zinc protects against corrosion for iron and steel parts. In industry, the metal is no longer imaginable without it.
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.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/
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.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/
