New Century optimistic of turnaround for 'brutal' zinc market

ON THE plus side for backers of New Century Resources, the zinc producer is in its final quarter of big capital spend and as such should be “entering the harvest phase of this asset investment”. On the negative, the zinc market for producers is akin to conditions following the global financial crisis.

New Century optimistic of turnaround for 'brutal' zinc market New Century optimistic of turnaround for 'brutal' zinc market New Century optimistic of turnaround for 'brutal' zinc market New Century optimistic of turnaround for 'brutal' zinc market New Century optimistic of turnaround for 'brutal' zinc market

A turnaround in the zinc market has been a long time awaited

The poor market for mine producers features a zinc price at three to four-year lows and treatment charges from smelters at 10-plus year highs.

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