BlackRock says buy metals companies if you care about climate

Investors are missing a big opportunity to profit from the energy transition because they have an outdated view of the metals and mining industry, according to one of the sector’s most influential investors.

Industry executives, analysts and specialist investors have for several years been predicting a bull market as the shift to a lower-carbon economy drives a wave of demand for the metals needed for electricity grids, electric-vehicle batteries and solar panels. Yet while prices rallied sharply in the rebound from the Covid pandemic, they have stagnated in the past year.

Hambro was an influential critic of miners’ overspending in the last boom, and he doesn’t want them to restart the era of profligacy even as he predicts a coming supply shortage.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

BlackRock says buy metals companies if you care about the climateInvestors are missing a big opportunity to profit from the energy transition because they have an outdated view of the metals and mining industry, according to one of the sector’s most influential investors.
출처: MiningWeeklyAUS - 🏆 233. / 63 더 많은 것을 읽으십시오 »

‘Buy the Dip’ Investing Mantra Lives On—in the Bond Market at LeastInvestors this year have poured $21 billion into TLT, BlackRock’s long-dated Treasury fund, despite punishing decline in its shares
출처: WSJ - 🏆 98. / 63 더 많은 것을 읽으십시오 »