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Zinc – a raw material not to be underestimated

Zinc is known as a corrosion inhibitor for steel and iron parts, making it an important raw material in the automotive industry, for example.

The bluish-white brittle metal thus serves as a rust inhibitor. Zinc is also used in non-rechargeable batteries as anode material, for example in alkaline manganese batteries. There are large zinc deposits in the USA, Australia and Asia. China leads the world in zinc production. There are also zinc properties in Canada, India, Ireland, Kazakhstan, Mexico and Bolivia. The largest zinc mine in the world is located in Rajastian, India, it is the Rampura Agucha Mine. Around 20 percent of global zinc production comes from Australia. The metal has been produced there since 1901. Most of the mining takes place underground. In the USA, the most important zinc mine is the Red Dog mine in Alaska. Almost 3,000 employees are involved in mining and smelting at this mine.

Peru is probably the second largest zinc producer. Zinc has been mined there since the 20th century. Today, mainly in the Peruvian highlands in the Andes. In the past, in ancient times, brass was made from zinc, consisting of zinc and copper. Today, about half of the zinc produced is used for galvanizing to protect against rust. For plants and humans, zinc is a mineral necessary for healthy growth.

The largest zinc producer in China is Griffin Mining – https://www.youtube.com/watch?v=7uFCyHCv-zs -, as the company has an 88.8 percent stake in the producing Caijiaying mine (zinc, gold, silver, lead).

In the Northwest Territories, Osisko Metals – https://www.youtube.com/watch?v=_znAPvgkYvM – operates at the large Pine Point zinc mining camp and the Bathurst Mining Camp.

Current corporate information and press releases from Griffin Mining (- 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/

Posted by on 24. February 2022. Filed under Internet. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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