Zinc is the fourth most widely consumed metal in the world and is found everywhere in daily life. Zinc prices increased around 60 percent last year to become one of the very best performing metals in 2016. Both Goldman Sachs and The World Bank project higher prices for zinc in 2017 and 2018 because of increased demand and serious global production deficits. Kootenay Zinc Corp. (CSE: ZNK) (OTCQB: KTNNF) just may be sitting on the mother lode of zinc (http://wealthresearchalerts.com/).
Zinc is ubiquitous with a multiplicity of important uses. Roughly 50 percent of zinc is used in making protective coatings for steel. Galvanizing gives the finished coated product the strength and durability of steel with the corrosion resistant properties of zinc. About four million tons of zinc are used annually to protect around 100 million tons of steel, which represents about half the total world consumption of zinc.
Seventeen percent of zinc is used as an alloy. Zinc combined with copper forms brass, which is combined with other metals to form materials for use in automobiles, electrical components and household fixtures. Zinc is consistently the most frequently used alloying material, and most applications contain 10 to 40 percent zinc. Another 17 percent of zinc is used in die-casting, which is the process of forcing liquid metal under pressure into a hollow casing causing the liquid metal to take the shape of the mold. Die casting with zinc is a very economical, fast, and precise method for making common metal parts. Zinc die castings are used in bathroom fixtures, as parts of appliances, as parts of cars and in almost all electronic equipment.
Six percent of zinc is produced as sheet, strip, plate, rod and wire, and in many compositions and alloys, depending on the requirements of the end product. Zinc sheet is typically produced by continuous casting/rolling. Zinc sheet is used extensively in the building industry for roofing, wall cladding, gutters and downspouts, flashing and weathering applications. When properly installed, a zinc roof or wall system can last up to 100 years. Another six percent of zinc is used in chemicals. Zinc oxide is the most widely used zinc compound and is common in a broad range of consumer products. Special zinc powders can also be used as an additive in zinc cased batteries. A myriad of compounds can be created from zinc which give it a wide range of applications outside of the obvious uses as a metal, and gives zinc a worldwide importance that cannot be ignored. Four percent of zinc has multiple miscellaneous uses. Zinc can be used to make batteries, fertilizer, and pigments, and it also has uses in pharmaceutical, rubber, paint and other industries.
Zinc is found everywhere in daily life. With demand increasing and a global shortage of this valuable mineral, Kootenay Zinc may be mining money from the mother lode.
For more information, please visit http://www.kootenayzinc.com
Source used for article content http://www.smallcapnetwork.com/Think-Zinc-Its-Even-Bigger-Than-We-Thought/s/article/view/p/mid/7/id/2312/
Source used for article content http://metalpedia.asianmetal.com/metal/zinc/application.shtml
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