Lead Investing News spoke with Carol Knies from Exide Technologies, a leading battery producer, about the role of lead in automotive batteries and the outlook for demand.
In May, an concerns of lead poisoning prompted the Chinese government to shutdown lead battery and recycling plants producers. The shutdowns have worried market observers regarding the demand for lead.
In the recent base metals slide, lead has earned the illustrious title “worst performer on the London Metal Exchange.” Despite this moniker, analysts are confident that the metal will rebound by the end of the year.
Lead futures declined sharply on Monday, as risk adverse investors abandoned the volatile base metals market and headed for the safe haven investments such as gold.
Alexco Resource Corp. (TSX:AXR, NYSE-AMEX:AXU) has announced the initial and completed resource estimate for the historical tailings of Elsa in the Keno Hill Silver District, Yukon. The press release is quoted as saying: The Elsa Tailings are located approximately 400 meters northwest of the Elsa town site and the former United Keno Hill Mines (“UKHM”) [...]
By Leia Michele Toovey- Exclusive to Lead Investing News Lead and zinc prices have been on board for the base metal rally, zinc on the LME is currently trading for $1,633.50 per tonne, up 30 per cent so far this year. The metal used to galvanize steel touched a four-year low of $1,038 on Dec.12, [...]
By Leia Michele Toovey- Exclusive to Lead Investing News As the global economy arguably trots down the path to a recovery, the metals are diverging in prices due to differences in their fundamental dynamics. Lead was the second-best performer of the LME metals last quarter, coming in a few percentage points behind copper. Lead gained [...]
By Leia Michele Toovey- Exclusive to Lead Investing News The Fed’s announcement to purchase treasuries sent lead and zinc on their largest ascent in two months. Fed officials voted on March 18 to buy Treasury and mortgage bonds in an effort to revive America’s economy, lifting stocks as well as commodities. Copper, zinc and aluminum [...]
By Leia Michele Toovey- Exclusive to Lead Investing News Chinese lead and zinc refineries are interested in integration and expansion, but not mergers or acquisitions. The Chinese government showed its support by providing a plan to encourage the non-ferrous industries to restructure and integrate. The government has also mentioned that it wants to support the [...]
By Leia Michele Toovey- Exclusive to Lead Investing News Lead and zinc prices both started 2009 strongly, but as the year has progressed lead’s better near term fundamentals have led it to continue as the more robust of the two metals. Zinc stocks on the London Metal Exchange have consistently risen; through the month of [...]
Wednesday, August 24, 2011