We encounter the raw material zinc every day in our lives

We encounter the raw material zinc every day in our lives

ID: 666691

(PresseBox) - Zinc is important in battery manufacturing, but also in many other areas.

Electrical and power engineering uses zinc. Whether USB plugs, computer vents, in the X-ray sector or in fuse boxes, zinc has remarkable properties. Conductivity and electromagnetic shielding are among them. Even if the first thing that comes to mind when you hear the word zinc is galvanizing, i.e., preventing corrosion. The world's hunger for energy is growing, and digitization and data storage are also gaining in scale. When the world's first battery was built, by Allesandro Volta, zinc was involved. The unit for electrical voltage was then also named after the Italian physicist (volt). In addition to lithium-ion batteries, there are still batteries with zinc today, for example in button cells or flashlights.

Today, zinc is one of the most important industrial metals traded on the London Metal Exchange. Besides, the metal is a vital element in the human body. In addition to zinc, copper and silver are usually also mined. Zinc mining mostly takes place underground, and only about ten percent of zinc comes from open-pit mining. Today, around one third of the world's zinc comes from China.

Here, Griffin Mining - https://www.youtube.com/watch?v=MgDgfmsT5UU - is the country's largest zinc producer. Griffin Mining owns 88.8 percent of the Caijiaying mine.

Zinc production is expected to reach around 13.2 million tons in the current year. Zinc will continue to be indispensable in areas such as the automotive industry, architecture, construction and electrical engineering, as well as in telecommunications or aerospace technology. Companies with zinc in the ground should not be able to complain about a lack of customers.

Denarius Metals - https://www.youtube.com/watch?v=QLnvOY2Hgog - also has zinc on its flagship Lomero project in Spain, in addition to gold and lead.





Current corporate information and press releases from Griffin Mining (- https://www.resource-capital.ch/en/companies/griffin-mining-ltd/ -) and Denarius Metals (- https://www.resource-capital.ch/en/companies/denarius-metals-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/

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Bereitgestellt von Benutzer: PresseBox
Datum: 07.09.2022 - 07:47 Uhr
Sprache: Deutsch
News-ID 666691
Anzahl Zeichen: 4129

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