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Selwyn Resources - Zinc Market Newsletter - January 2010



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January 12, 2010
Zinc-Lead Market Newsletter Zinc and Lead Outperform the Other Metals Click here to read the entire Zinc-Lead Market Newsletter (2 page PDF) In our October 8, 2009 Zinc Market Update we suggested that zinc was poised to rise through US$1.00/lb.

LME spot zinc peaked at US$1.195/lb on January 7, 2010 before falling back slightly.

Perhaps surprising is the continued rise in zinc prices despite rising stocks on both the LME and Shanghai warehouses that saw increases of 49,125 and 61,825 tonnes respectively in Q4 2009.
The recent rise in inventories following an apparent peaking in August and September likely reflects the general increase in concentrate supply as mine production in China reached new record highs, and shipment of producer inventories to warehouses as the zinc price improved.
Click here to read the entire Zinc-Lead Market Newsletter (2 page PDF) Please visit our website for archived zinc market information and for further information on the Selwyn Project. Note to Reader: This overview is intended to provide readers with useful information on the usage, supply, production and consumption of zinc.

The overview has been assembled from a large number of information sites that are believed to be reliable; however, the companies make no representations as to the accuracy or completeness of the information herein.

The reader should use this information for general purposes only and seek advice from its investment advisors as to the details of zinc markets.


For more information contact: Dr.

Harlan Meade, President and CEO Jasmin TamDoo, Manager of Investor Communications Telephone: (604) 801-7240 Toll-free: 1-888-989-9188 Facsimile: (604) 689-8355 www.selwynresources.com
Copyright © 2009 Selwyn Resources Ltd.
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