Base metals are rocketing toward all-time highs as the global energy crisis crimps supply from China to Europe, threatening more inflationary pressure from rising commodity prices. Metals are extending a year-long rally as the global energy crunch deepens supply cuts across the complex. The LMEX index, which tracks the collective performance of the six main base metals, is on the cusp of setting an all-time high. Zinc prices in London soared to their highest since 2007 the day after Nystar -- one of the metal’s top global producers-- said it will cut output at three European smelters by up to 50% due to rising power ... (full story)