There's been a deficit during the last couple of years since there's been a closure of zinc-mines (Brunswick&Perseverance among others). Two big mines (Century&Lishen) are gonna close this fall removing another ~600 000 tonnes from the market. There are no “known” mines who can fill that gap in the short/mid term.
The black box is China where some guys think they’re gonna respond fast if/when the zinc price goes up, and some others who don’t. There’s also talk about “shadow” inventories being hold by metal traders, banks et al.
Maybe, maybe not, time will tell.
When it comes to miners, Trevali is probably the best positioned play out there since they already are a producer with a growth profile going forward.
Among explorers you have for example IronBark Zinc, Heron Resources, Rathdowney Resources, InZinc Mining, Canadian Zinc, Tinka Resources and Nevada Zinc.
But they are all a function of a rising zinc price.
imho&dyodd
