BASE METALS

Zinc smelters need to 'hang tough', says Macquarie

The bank notes falling Chinese demand and increased supply from Kipushi

Credit: RHJPhtotos, via Shutterstock

Credit: RHJPhtotos, via Shutterstock | Credits: Credit RHJPhtotos, via Shutterstock

In a note this morning on zinc supply and price forecasting, Macquarie Bank said it expected mine supply to grow at a CAGR of 2.5% to 2028 versus refined production growth of 2.2%. It added that it expected...

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