Historically low stocks behind spike in zinc price for delivery tomorrow
Zinc inventories in LME registered warehouses at 16,225 tonnes are at their lowest since June 1989.
Exxaro seeks bids for zinc assets
Reuters Africa reports Exxaro (JNB:EXX) has invited bids for the company’s stake in a zinc and lead mine in Namibia.
The market news is quoted as saying:
The assets up for sale include Exxaro’s 50.04 percent stake in the Rosh Pinah mine and its wholly owned Zincor refinery.
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