Scotiabank economist Patricia Mohr is particularly bullish on zinc and nickel

Scotiabank economist Patricia Mohr is particularly bullish on zinc and nickel. A handful of zinc mines around the world are being depleted, leading to mine closures or imminent closures. Moreover, Scotiabank predicts an increasing demand for zinc in galvanized steel used by automakers in China. Zinc, which sold for US$2 per pound in 2007, dropped as low as US$0.50 per pound in 2009. The price has rebounded since then, hitting US$0.96 per pound on December 17, 2014, and Mohr is predicting it will rise to between US$1.60 and US$1.70 per pound in 2016 and 2017. (via Canaccord Sales note and Business Vancouver) (VIEW LINK)

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