Resource Sector Update We’re looking forward to further strong...

Resource Sector Update

We’re looking forward to further strong gains right across the board in the commodity space in 2018 - especially gold, oil, zinc, iron ore, coal, nickel, cobalt and copper. What’s also interesting is that other more obscure metals like lithium, graphite, vanadium, tungsten and rare earths like neodymium, have joined the price party.

The common denominator among these metals is that they are predominantly produced in China and they have all been hit hard by Beijing’s recent environmental crackdown. Chinese premier Li Keqiang pledged at the annual National People’s Congress in March 2017 to make “our skies blue again” - and China is courageously following through strongly on this pledge.

AND

Driving interest at present are speculative developments in the Pilbara region of WA (conglomerate gold), the strong A$ gold price that continues to drive domestic gold producers, growing appreciation of the demand opportunities for a whole host of commodities - lithium, graphite, cobalt, copper, zinc and nickel - related to the burgeoning electric vehicle (EV) industry, as well as price resilience in the bulk commodities - coal, iron ore and bauxite.

More here and charts........

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