ZincOx Resources

www.zincox.com TICKER: ZOX     EXCHANGE: AIM

ZincOx's ambition is to become the global leader in the recycling of EAFD, a hazardous waste which is generated as a by-product of recycling scrap steel, operating a network of recycling facilities in all major recycling regions. Existing technology for the recovery of zinc aims to optimize the recovery of zinc with an energy efficient, high output approach, providing an economically and environmentally superior solution to the problem of EAFD. The company's recycling projects and zinc smelters are currently located in the United States, Turkey, and Yemen.


Recycling plant now fully financed
Published: Jun 18 2008

Funding for Ohio recycling project assured, creating flexibility for further development

Follows funding for the Jabali zinc mining project announced in January 2008

Total $280m raised in the last six months in debt and equity, against a forbidding market background

Target price 411p against current price of 175p
Prelims and progress
Published: Apr 29 2008

Reported profits heavily influenced by deferred settlement on Shaimerden

Funding in place to develop Jabali in Yemen

US recycling project on track

Fair value at 464p / share well above current levels

Robust financing in place
Published: Jan 22 2008

£20m conditional placing

Shaimerden 2007 payment received: £15m

Jabali mine go-ahead

Recycling: two stage development now planned

Steady progress: target price unchanged
Published: Oct 04 2007

Focus still to build a  three site integrated solution to the stel industry's problem of disposal of  Electric Arc Furnace Dust

Cash resources of £25m at end June 2007

Fair value seen at 558p/share

Unique, undervalued zinc producer
Published: Mar 15 2007

  • ZincOx well advanced in plans to be a low cost producer of Zinc
  • Processing technology provides a new, economic source of the metal
  • Support (technical and on register) of Teck Cominco
  • Current share price (280p) appears to significantly underestimate potential - medium term target 496p - Fair Value 558p