The mining stock to own in 2021

TL;DR

Mining analyst John Mayer suggests investing in Antofagasta and Glencore due to the growing interest in base metals and electric vehicle metals.

Transcript

hello with me today i'm lucky to have john mayer mining analyst a broker sp angel john when we asked you 12 months ago for your favorite large cat miner in 2020 you said rio tinto as the numbers stand rio outperformed bhp anglo-american and glencore well done um regular viewers will remember you also called it right in 2019 so to make it three in a... Read More

Key Insights

• ❓ Rio Tinto was the top mining investment in 2020, as recommended by John Mayer.
• ❓ Antofagasta is a recommended investment for 2021 due to its status as a pure copper producer.
• 🚙 Glencore offers exposure to essential materials for electric vehicle production and is another top pick for 2021.
• 🚙 Nickel and lithium are expected to perform well in 2021 due to their significance in electric vehicle technologies.
• 🫢 Gold's prospects in 2021 are dependent on potential financial shocks or emerging market debt crises.
• 🤘 Base metals and electric vehicle metals are gaining more interest from investors.
• 🚙 The demand for copper is expected to increase significantly in electric vehicle production.

Questions & Answers

Q: Who did John Mayer recommend as the top mining investments for 2021?

John Mayer suggests investing in Antofagasta and Glencore, with Antofagasta being a pure copper producer and Glencore offering exposure to essential materials for electric vehicles.

Q: Why does John Mayer recommend Antofagasta?

Antofagasta is a high-quality copper producer with a strong dividend record and well-run operations. It is expected to benefit from increasing demand for copper in electric vehicle production.

Q: What metals does John Mayer believe will perform well in 2021?

According to Mayer, nickel and lithium are likely to have strong performances in 2021 due to their importance in electric vehicle technologies.

Q: What is John Mayer's opinion on gold's prospects in 2021?

Mayer believes that gold is likely to track sideways in 2021 unless there are significant financial shocks or emerging market debt crises. Gold can provide protection against such shocks.

Summary & Key Takeaways

• In 2020, Rio Tinto outperformed BHP, Anglo-American, and Glencore, as recommended by John Mayer.

• For 2021, Mayer recommends Antofagasta as a pure copper producer and Glencore for exposure to underlying materials needed for electric vehicles.

• The best-performing metals in 2021 are likely to be nickel and lithium due to their importance in electric vehicle production.