What Have Metals Been Doing In 2019?

TL;DR

Analysis of major metals and minerals performance in 2021 reveals opportunities and risks for investors.

Transcript

hello and welcome I'm Charlie Gibson and I'm the head of mining research at Edison investment research here in London and as a soothsayer might say this time of year beware the Ides of March but as I like to say where there's risk there's also opportunity and let's have a look at a chart of major metals and minerals and this is 17 major metals and ... Read More

Key Insights

• 🛢️ Oil is the best-performing mineral in 2021, impacting mining company margins.
• 😥 Vanadium and tungsten are experiencing sharp declines, potentially signaling turning points in their trends.
• 🤘 Cobalt may see a bullish trend due to its role in battery metals.
• 🎁 Market volatility presents both risks and opportunities for investors.
• 🤘 Performance analysis of major metals and minerals reveals trends and potential investment opportunities.
• ❓ Historical data can provide insights into potential future price movements.
• 🤘 Evaluating individual metal performance can help identify investment opportunities.

Questions & Answers

Q: What are the key performance trends of major metals and minerals in 2021?

The analysis shows volatility in the market, with oil leading in performance and vanadium, tungsten, and cobalt experiencing significant declines.

Q: How does oil performance impact mining companies?

Oil's strong performance can influence costs for mining companies and squeeze margins for metal producers, affecting overall profitability.

Q: Why are vanadium and tungsten experiencing sharp reversals in performance?

Vanadium and tungsten, previously strong performers, are now facing sharp declines, potentially signaling turning points in their trends.

Q: Will cobalt see a bullish trend in the future?

Cobalt may see a bullish trend as it reaches a turning point, potentially driven by its role in battery metals and nickel components.

Summary & Key Takeaways

• Overview of major metals and minerals performance in 2021, showing significant volatility and opportunities.

• Highlight on oil as the best-performing mineral with a 20-30% increase YTD, impacting mining company margins.

• Focus on vanadium, tungsten, and cobalt as notable fallers, with insights on their potential trends.