Falconbridge partners with Barrick on Kabanga nickel project in Tanzania.
Two, the demand is likely to outpace supply primarily on the back of huge requirement by galvanised steel-makers the world over. Electronic hardware recycling plant is put into production in cooperation with Hewlett-Packard. Falconbridge partners with Barrick on Kabanga nickel project in Tanzania. It is increasing its zinc smelting capacity by 1,70,000 tonnes to 5,70,000 tonnes per annum, which is likely to be fully commissioned in 2008. Firm pricing, strong growth in volumes, control over the value chain and robust financials make the stock of Hindustan Zinc a preferred play in the non-ferrous space. We believe prices are likely to rule firm over the next couple of years.
With 100 per cent of the concentrate requirements met from captive sources, Hindustan Zinc is better positioned to absorb supply shocks and a downturn in metal prices, if any. With rising automobile production in the domestic market, the company is likely to be the prime beneficiary. Buoyancy in demand, mainly from China, and tightness in the raw materials market were key factors that resulted in zinc prices more than doubling in FY-06. First production from Raglan nickel mine in northern Québec.
Even allowing for a slowdown from current growth rates, China alone is likely to account for over 30 per cent of the world demand for metals by 2010. The company also produces lead, which is consumed mainly by the battery segment. India, which is emerging as the preferred destination for sourcing auto components, is likely to witness higher demand for batteries. Do you want to reach readers of Arizona politics? Zimbabwe agriculture? A to Z we have you covered. There are many attractive Canadian stocks Many Canadian stocks trade at a discount similar to U.