NetworkNewsWire Announces Publication Highlighting Opportunities in Zinc Amid Scarce Supply
November 09, 2017 8:30 AM EST | Source: NetworkNewsWire
New York, New York--(Newsfile Corp. - November 9, 2017) - NetworkNewsWire ("NNW"), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Zinc One Resources, Inc. (OTC Pink: ZZZOF) (TSXV: Z), a client of NNW focused on the acquisition, exploration and development of prospective and advanced zinc projects in mining-friendly jurisdictions.
The publication, titled, "Soaring Zinc Price, Mounting Supply Deficit Create Opportunity for Sector Operators," showcases the effects of soaring zinc prices amid the apparent scarcity of the product.
To view the full publication, visit: https://www.networknewswire.com/soaring-zinc-price-mounting-supply-deficit-create-opportunity-sector-operators/
"Zinc supplies are dwindling, and spot prices are soaring. Futures look robust, as well, and, despite a minor pullback toward the end of the week of October 23, there appears to be a stable forward price trajectory for the foreseeable future. As fundamental drivers such as China's reduced production of mined and refined zinc loom large, the upside for smaller sector participants such as Vancouver-based Zinc One Resources, Inc. (OTC Pink: ZZZOF) (TSXV: Z) (Zinc One Profile) is now coming sharply into focus.
"According to a recent Technavio report, zinc demand is projected to continue providing upward of 2 to 3 percent CAGR, as it has in preceding years. The report predicts that the global zinc market will bear a hearty 4 percent CAGR through 2021 on the continued strength of vectors such as China's trillion dollar-plus "One Belt, One Road" infrastructure development initiative, given that more than half of the demand for zinc comes from galvanizing (steel) applications."
About Zinc One Resources
Zinc One Resources Inc. is a Vancouver, Canada-based company focused on the acquisition, exploration and development of prospective and advanced zinc projects in mining friendly jurisdictions. Zinc One's key assets are the Bongará Zinc Mine and Charlotte-Bongará Zinc-Oxide Project in north-central Peru. Historical production of the Bongará Mine, which was mined from 2007-2008 until a fall in zinc prices shut it down, revealed greater than 20 percent zinc grades and recoveries over 90 percent, all from surface mining. Bongará's high grade zinc mineralization is considered a rare situation and one that Zinc One management is poised to explore further. The neighboring Charlotte-Bongará Zinc-Oxide Project has multiple at-surface, high-grade drill intercepts providing numerous drill targets.
For more information, visit: www.ZincOne.com/
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today's market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
For more information please visit https://www.NetworkNewsWire.com
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Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
NNW Contact:
NetworkNewsWire (NNW)
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www.NetworkNewsWire.com
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Editor@NetworkNewsWire.com