Commodities / Raw Materials

[JBmurc]

Why It’s Time to Invest in Commodities, and How to Do It

https://archive.fo/q3NXg

[denpal]

Check out @graddhybpc on Twitter, you don't need to join it to view lots of really interesting posts. He's a big commodities bull and has a great track record with long-term trends.

[JBmurc]

Check out @graddhybpc on Twitter, you don't need to join it to view lots of really interesting posts. He's a big commodities bull and has a great track record with long-term trends.

LOL already following him ... I agree

[greater fool]

https://www.smh.com.au/business/comp...16-p59oj7.html

"Mining companies are struggling to find workers to fill specialist roles from engineers to train drivers as COVID-19 travel restrictions between states and
a collapse in skilled migration exacerbate the industry’s labour squeeze.
While mining job numbers have swelled by almost 22,000 in the past 12 months, a shortage of specialist workers has forced companies to lower production
targets and now threatens to complicate the sector’s expansion just as the clean-energy revolution drives greater demand for a range of Australian metals.
In Western Australia, the world’s biggest iron ore and lithium-mining region, ongoing coronavirus-related border restrictions have reduced mobility of fly-in,
fly-out staff between states. At the same time, miners are having to compete harder for skilled workers amid a government-backed construction boom on the east coast.
“We expect labour market tightness and competition for skills to increase in 2022.”
Rio Tinto, the nation’s second-largest miner, last year cited “modest delays” in commissioning new greenfield mines and mine-expansion projects due to WA’s tight
labour market as the reason for trimming its full-year target for shipments of iron ore."


https://www.smh.com.au/business/comp...17-p59ozh.html

"Mining giant Rio Tinto has reported a drop in its yearly shipments of iron ore, the nation’s most valuable export, after a labour squeeze in Western Australia and
pandemic-related supply chain disruptions delayed the commissioning of new resources projects last year.
Rio Tinto, the top producer of the key steel-making raw material, told investors on Tuesday it had shipped 84.1 million tonnes of ore from its Pilbara operations
in the December quarter, in line with its target and analysts’ expectations, but 5 per cent lower than the same time in 2020.
The result brings Rio Tinto’s total shipments of iron ore last year to 321.6 million tonne, down 3 per cent from the year before.
Rio Tinto chief executive Jakob Stausholm said operating conditions remained “challenging” including due to prolonged pandemic-related disruptions across its
operations."

[JBmurc]

Yes and this is why I sold out of the likes of OBM and haven’t been investing much in start up miners in Aus (outside WWI but as located in SA close to major city shouldn’t be as bad )

risks around securing staff and retaining with skills I understand nightmare in Aus esp...

When it comes to producers I’m liking the O&G sector CUE kicking on today should yet again report a great revenue for DEC Qty

[arekaywhy]

Nice bump to coal miners in Oz. Makes me wonder how long it'll go for.

Also, I note that there are noises from other countries in EU for Oz coal. Good times ahead?

[JBmurc]

https://www.mining.com/web/commoditi...s-super-cycle/

Sobokta believes a fossil fuel resurgence is temporary, and the transition to a lower carbon economy “cannot be stopped,” which will require a projected $50 trillion in the next three decades.

“Anything between $200-$300 billion in investment per year will be required for the mining industry to satisfy demand for the energy transition,” he said, with much of this invested into the mining of copper, nickel, cobalt and other metals.

In an environment of high prices and supply chain pressures, Sobokta expects companies and countries to stockpile strategic raw materials, including oil, copper, cobalt and other metals.

“If you get small supply disruptions, you are going to see big swings in prices,” Sobokta said, adding that he expected to see an impact in the second half of 2022.

[JBmurc]

Commodities setting up too boom higher


https://twitter.com/MrBreakouts/stat...0zIdug2Fy18hmg

[JBmurc]

Japan signs highest ever coal supply deal ever!!
https://oilprice.com/Latest-Energy-N...-Ever.amp.html

Been buying into the smashed AHQ of late 11.5c ...high risk ...but with markets trending north + higher coal prices = bounce in the SP I hope

[Ferg]

Been buying into the smashed AHQ of late 11.5c ...high risk ...but with markets trending north + higher coal prices = bounce in the SP I hope

What was the trigger for the recent sell off?