Following the recent $400-million acquisition of a portfolio of zinc assets from mining major Glencore, Vancouver-headquartered Trevali Mining has become the go-to investment vehicle for investors keen to get in on rising zinc prices.
Supported by strong fundamentals, including a growing supply gap, the zinc price has improved by about 17% since the start of the year, with London Metals Exchange cash prices closing at $3 170/t on Wednesday. This, in turn, has helped boost Trevali’s TSX-listed equity up 26% over the same period.
