Reasons to invest in zinc and copper
(PresseBox) - Automobiles and electronic products need zinc. Rising zinc prices in recent years have made investors sit up and take notice.
Zinc is the fourth most consumed metal. With iron and steel, it becomes a stainless coating. It is also present in the production of brass. Investment in infrastructure by emerging economies, China, India and the U.S., and increasing urbanization will fuel zinc demand. According to the U.S. Geological Survey, China remained the largest zinc producer in 2022. This year, zinc prices have gone up and down, and zinc has been no different than other base metals. However, experts agree that zinc prices will point upward in the coming years.
In 2021, China produced 4.2 million tons of zinc. China thus ranks first in terms of both production and consumption. Peru is in second place with 1.6 million tons of zinc production. The third-placed country, Australia, saw production decline last year. India is also a major zinc producer, with one of the world s leading zinc mines producing more than six million tons of zinc annually. It is followed by the USA, Mexico, Bolivia, Russia, Canada and Sweden. Car producers need not only zinc, but also copper. The reddish metal is indispensable for future technologies. According to forecasts, it will be increasingly needed in the coming years for the expansion of power grids and also for wind turbines. As demand for zinc and copper is expected to rise, companies like Kutcho Copper and Golden Rim Resources are coming into play.
Kutcho Copper owns the Kutcho project in British Columbia with almost 17,000 hectares of land. It contains zinc and copper.
Golden Rim Resources - https://www.youtube.com/watch?v=GaucOoERsE8 - owns a joint venture for a porphyry copper project in Chile and a copper-silver-lead-zinc project nearby in Paguanta, in addition to its flagship Kada (gold) project in Guinea.
Latest corporate information and press releases from Kutcho Copper (- https://www.resource-capital.ch/en/companies/kutcho-copper-corp/ -).
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/
Unternehmensinformation / Kurzprofil:
Datum: 28.11.2022 - 02:23 Uhr
Sprache: Deutsch
News-ID 671813
Anzahl Zeichen: 0
contact information:
Contact person: Jörg Schulte
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"Reasons to invest in zinc and copper"
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