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Vol. 01Issue 10ZincTuesday, October 27, 2026
Zinc

Zinc coverage.

Zinc is mostly used in galvanizing steel. The price often moves with LME warehouse inventories.

Macro driver
LME inventories
Exchanges
TSXV and CSE

The setup.

When LME inventories fall sharply, zinc prices have tended to respond quickly. It is one of the more inventory-sensitive base metals.

The risk.

New supply lags demand signals, and junior zinc shares magnify moves in the inventory curve.

What we watch.

LME zinc stocks, treatment charges, Chinese smelter utilization, and zinc-primary juniors on the TSXV and CSE.