Although copper production may drop down this year, growth is still expected from a major copper producer, Peru.
The world's supply of zinc has been dropping due to the reduced number of zinc mines.
Zinc has so many uses and applications in various industries including food, construction, metals, roofing, and buildings.
The demand for zinc is expected to increase in the next few years due to the higher interest in electric cars.
Portable batteries will push the demand for zinc while car manufacturing industries will boost the aluminum industry.
Castle Silver Resources Inc. in Cobalt, Ontario has the technology and expertise to become of the world's top cobalt producers.
Rising metal prices mean growth while falling prices translates to an economic slowdown.
China, the world's biggest consumer of base metals, has been the barometer of base metal prices.
The copper industry is expected to make a comeback in 2018 after it suffered a massive blow back in 2011.
China, the world's biggest steel producer, will begin to lessen its output in favor of saving the environment.