In 2015, the leadership of Nyrstar expects an increase in world zinc prices after the close Century mine (Australia). "We are entering a period when the global market is scarce and zinc concentrates. and the refined zinc, said General Director of Nyrstar Aigner Heinz (Heinz Eigner). Such double shortage will push prices up."
At the end of last year, the zinc price increased on average by 6% in the Wake of speculation that the offer will fall short of consumption. Stocks of metal in warehouses (LME-certified) are at their lowest since October 2010 level.
Mine Century, the situation which may affect prices, belongs to the Minerals and Metals Group formed in June 2009, China Minmetals Corporation on the basis of assets it absorbed company OZ Minerals.
The plant capacity is 500 thousand tons of zinc in concentrate. The closure of Century mine scheduled for the third quarter of this year.
"We expect that until problems with the supply will not, but when Century will cease functioning, on the market there is a shortage of concentrates, said Heinz Eigner. And 500 thousand tons, which "go" from the market, will have a significant impact."