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Demand hit the bigger COVID bugbear for metal producers

Outage events linked to the COVID-19 pandemic are lasting longer than expected, which is good news for unaffected miners, but mine closure are unlikely to fully compensate for a collapse in demand.

Tim Treadgold
Zinc supply hit hard by COVID-19. Image: Nystar

Zinc supply hit hard by COVID-19. Image: Nystar

That's the latest result from the "supply-loss tracker" developed by Citi, an investment bank which sees a significant build-up in mineral inventories by early next year. According to the latest edition...

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