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Rising zinc price to doom the penny?
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<p>[QUOTE="NorthKorea, post: 2486122, member: 29643"]Are you sure on the above? I would assume that the only people looking for refined Zn would be seeking it for things like Zinc tablets... not sure having even 5% copper in that mixture would be advisable. But, anyhow, even if we assume you're able to melt down the scrap for free, that still doesn't address the issue of toxicity. Zinc oxide is HIGHLY toxic.</p><p><br /></p><p>Oh, and I figured out my mistake (and it's admittedly a huge one) on the BTU cost. I just took it off an energy bill. And, maybe you're right on the transportation costs. How will you load your 5500 pounds of zinc? Were my actual calculations faulty? I know the number seemed absurd... maybe the information I used was misinterpreted. It said 0.37-cents, but the graph showed a little over a third of a dollar in the bar chart, so I assumed they meant 37-cents. Maybe the chart was incorrect, so it really was 0.37-cents. If you divide my number by 100, does it sound more in line? $23.43 for transportation. That actually sounds really low, to me. I can't imagine it being that low. Maybe that's actual cost to the shipper, not including labor and markup. Anyway, let's use $23.43 and assume you have a shipping company.</p><p><br /></p><p>Let's say we used the cheapest form of energy and assumed 100% efficiency. That would be coal at 56-cents per mmBTU.</p><p>364.6mmBTU at 56-cents = $204.18</p><p><br /></p><p>You said there'd be no reason to have the zinc verified for purity, which I disagree with, since you wouldn't even have to go through this process, if that were true, but let's take your assumption as true.</p><p><br /></p><p>Energy: $204.18</p><p>Transportation: $23.43</p><p>Cost $10227.61</p><p><br /></p><p>$2257.50 per ton</p><p>2.75 tons</p><p>Net value (assuming refiner will buy 95% zinc as 100%): $6208.13</p><p><br /></p><p>Net profit: -$4019.49[/QUOTE]</p><p><br /></p>
[QUOTE="NorthKorea, post: 2486122, member: 29643"]Are you sure on the above? I would assume that the only people looking for refined Zn would be seeking it for things like Zinc tablets... not sure having even 5% copper in that mixture would be advisable. But, anyhow, even if we assume you're able to melt down the scrap for free, that still doesn't address the issue of toxicity. Zinc oxide is HIGHLY toxic. Oh, and I figured out my mistake (and it's admittedly a huge one) on the BTU cost. I just took it off an energy bill. And, maybe you're right on the transportation costs. How will you load your 5500 pounds of zinc? Were my actual calculations faulty? I know the number seemed absurd... maybe the information I used was misinterpreted. It said 0.37-cents, but the graph showed a little over a third of a dollar in the bar chart, so I assumed they meant 37-cents. Maybe the chart was incorrect, so it really was 0.37-cents. If you divide my number by 100, does it sound more in line? $23.43 for transportation. That actually sounds really low, to me. I can't imagine it being that low. Maybe that's actual cost to the shipper, not including labor and markup. Anyway, let's use $23.43 and assume you have a shipping company. Let's say we used the cheapest form of energy and assumed 100% efficiency. That would be coal at 56-cents per mmBTU. 364.6mmBTU at 56-cents = $204.18 You said there'd be no reason to have the zinc verified for purity, which I disagree with, since you wouldn't even have to go through this process, if that were true, but let's take your assumption as true. Energy: $204.18 Transportation: $23.43 Cost $10227.61 $2257.50 per ton 2.75 tons Net value (assuming refiner will buy 95% zinc as 100%): $6208.13 Net profit: -$4019.49[/QUOTE]
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