Close menu




June 25th, 2021 | 10:58 CEST

Carnavale Resources, Rio Tinto, TotalEnergies - Commodities still in hype

  • Commodities
Photo credits: pixabay.com

Commodities are in demand, as seen from the Bloomberg Commodity Index, which reached a multi-year high on June 11. Among other things, this is due to China's enormous hunger for raw materials and the infrastructure program of the USA. Inflation fears also drive more investors to commodities, as there is no end in sight to the loose monetary policy. In addition, there is a rethinking of climate protection, giving rise to hypes such as hydrogen or e-mobility. These new technologies require raw materials such as copper or nickel, and so commodity prices are picking up significantly in almost all sectors. That's why we are taking a look at three exciting commodity companies today.

time to read: 3 minutes | Author: Armin Schulz
ISIN: CARNAVALE RESOURCES LTD | AU000000CAV5 , RIO TINTO LTD | AU000000RIO1 , TOTALENERGIES SE | FR0000120271

Table of contents:


    Dr. Thomas Gutschlag, CEO, Deutsche Rohstoff AG
    "[...] China's dominance is one of the reasons why we are so heavily involved in the tungsten market. Here, around 85% of production is in Chinese hands. [...]" Dr. Thomas Gutschlag, CEO, Deutsche Rohstoff AG

    Full interview

     

    Carnavale Resources - Owns 4 diversified projects at once

    The Australian junior explorer Carnavale Resources focuses on acquiring and exploring high-quality and advanced projects, trying to find gold, copper, nickel, platinum, palladium and strategic minerals related to e-mobility. Currently, the Company owns 4 projects in Western Australia.

    The nickel project is called Grey Dam and was reviewed in 2020 using existing data and shows copper and platinum anomalies indicative of a nickel sulfide deposit. At the Barracuda Project area, platinum, palladium, copper and nickel anomalies have been discovered but not yet explored by the previous owner. A VTEM survey will be conducted there in the second half of the year to identify exploration targets. The Ora Banda South gold project is close to several gold mines and boasts a 4km and 1.2km gold anomaly. An exploration program is planned but not yet scheduled.

    The current main project is also focused on gold and is called Kookynie, a historic mining area covering 50km². It is surrounded by gold mines and drilling has been intensive there since November 2020. In the first two phases of drilling, up to 16.25 grams of gold per tonne was found. The third drilling program was completed on May 28 and results are expected by the end of June. The objective of this drilling was to investigate anomalies at known mines further. It is intended to define the gold mineralization prior to RC drilling more accurately.

    The diversification of the projects makes the Company quite interesting. The share is currently quoted at AUD 0.007. With around 2.3 billion shares, this results in a market capitalization of AUD 16.6 million. Speculative investors can take a position with the prospect of news coming soon.

    Rio Tinto - Broadly based and now sustainable

    Rio Tinto is a broad-based commodity company that produces iron ore, aluminum, copper, titanium, borates, salt, but also diamonds, among other things. The Company operates globally and has struggled in recent years with a stagnating commodities market and the emerging sustainability issue. Since the end of October 2020, the share has been running upwards, driven by ever-increasing commodity prices.

    Skyrocketing prices, especially for copper and iron ore, have allowed the group to reduce its debt by two-thirds in recent years, despite a high dividend yield for shareholders of over 6%. Electrification will continue to increase the demand for copper while supply decreases, guaranteeing continued high prices in this area in particular. For investors, this is good news.

    The Company is constantly investing about USD 250 million to explore new deposits to ensure sufficient reserves. There is also an increasing focus on sustainability, which will become more and more critical in the future, as factors such as the ESG system will become more and more decisive for investment decisions. In the last 5 years, over USD 1 billion has been invested in climate-related projects, 75% of the electricity consumed is produced via renewable energy, and the Company ranked 3rd in the Corporate Human Rights Benchmark in 2020. So you can invest with a clear conscience.

    TotalEnergies - Already reinvented itself

    Probably everyone has driven past a Total gas station at some point. Anyone who thinks that Total is a pure oil and gas producer is very much mistaken. It is not for nothing that Total has changed its name to TotalEnergies. Because even though the price of oil is currently climbing sharply, the world wants to reduce CO2 emissions. Some countries want to become climate-neutral by 2050, and the ruling against Shell in the Netherlands shows that the oil giants cannot simply carry on as before.

    TotalEnergies quickly moved toward e-mobility, acquiring battery producer Saft Groupe for EUR 1.1 billion in 2016. At the moment, the focus is on expanding renewable energy. On June 16, it was announced that the Company is bidding in a consortium to build an offshore wind farm in Scotland. By 2030, the Company wants to build 100 gigawatts of total capacity from renewable energies. In Amsterdam, the Company is building 2,200 charging stations for e-cars.

    In Leuna, the Company currently produces 700,00 tons of ethanol based on fossil fuels. That is set to change, thanks to a partnership with Sunfire and Fraunhofer. The goal is to produce the methanol with hydrogen and thus be able to supply green methanol. The pilot project has already started, as announced last Friday. So TotalEnergies is working in a very progressive way, and it is one of the few oil companies that did not have to cut its dividend in 2020. The price-to-book ratio of 1.1 shows that the Company is very favorably valued.


    Conflict of interest

    Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") may in the future hold shares or other financial instruments of the mentioned companies or will bet on rising or falling on rising or falling prices and therefore a conflict of interest may arise in the future. conflict of interest may arise in the future. The Relevant Persons reserve the shares or other financial instruments of the company at any time (hereinafter referred to as the company at any time (hereinafter referred to as a "Transaction"). "Transaction"). Transactions may under certain circumstances influence the respective price of the shares or other financial instruments of the of the Company.

    Furthermore, Apaton Finance GmbH reserves the right to enter into future relationships with the company or with third parties in relation to reports on the company. with regard to reports on the company, which are published within the scope of the Apaton Finance GmbH as well as in the social media, on partner sites or in e-mails, on partner sites or in e-mails. The above references to existing conflicts of interest apply apply to all types and forms of publication used by Apaton Finance GmbH uses for publications on companies.

    Risk notice

    Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and etc. on news.financial. These contents serve information for readers and does not constitute a call to action or recommendations, neither explicitly nor implicitly. implicitly, they are to be understood as an assurance of possible price be understood. The contents do not replace individual professional investment advice and do not constitute an offer to sell the share(s) offer to sell the share(s) or other financial instrument(s) in question, nor is it an nor an invitation to buy or sell such.

    The content is expressly not a financial analysis, but rather financial analysis, but rather journalistic or advertising texts. Readers or users who make investment decisions or carry out transactions on the basis decisions or transactions on the basis of the information provided here act completely at their own risk. There is no contractual relationship between between Apaton Finance GmbH and its readers or the users of its offers. users of its offers, as our information only refers to the company and not to the company, but not to the investment decision of the reader or user. or user.

    The acquisition of financial instruments entails high risks that can lead to the total loss of the capital invested. The information published by Apaton Finance GmbH and its authors are based on careful research on careful research, nevertheless no liability for financial losses financial losses or a content guarantee for topicality, correctness, adequacy and completeness of the contents offered here. contents offered here. Please also note our Terms of use.


    Der Autor

    Armin Schulz

    Born in Mönchengladbach, he studied business administration in the Netherlands. In the course of his studies he came into contact with the stock exchange for the first time. He has more than 25 years of experience in stock market business.

    About the author



    Related comments:

    Commented by Stefan Feulner on August 22nd, 2023 | 07:30 CEST

    Full speed ahead - Continental, Globex Mining, Rheinmetall

    • Mining
    • Commodities
    • armaments

    Jackson Hole casts its shadow ahead. On Thursday, leading central bankers, including ECB Chief Christine Lagarde, will meet again to discuss the further interest rate strategy, taking into account the current inflation figures and the still looming recession. Positive signals concerning an easing of monetary policy could thus help the markets back into rally mode.

    Read

    Commented by Juliane Zielonka on August 10th, 2023 | 08:55 CEST

    Gold rush mood at Manuka Resources and Rock Tech Lithium, and Bayer writes billion-dollar losses

    • Mining
    • Gold
    • Commodities
    • Lithium

    Australian gold and silver explorer Manuka Resources has successfully shipped its third gold shipment to Australasia's leading independent precious metals assayer, ABC Refinery. Shares in Manuka Resources rose nearly 8% following the news. In addition, the Company now plans regular weekly shipments as it processes various stockpiles from its Mt Boppy gold project. Bayer AG is reporting losses of billions of dollars due to write-downs in its Monsanto agriculture division, again fueling breakup rumors. The group is struggling with significant declines in its glyphosate-based weedkiller business, which is weighing heavily on its finances. A promising newcomer on the commodities horizon is emerging right in Germany's Brandenburg region. There, Rock Tech Lithium is working to develop battery-grade lithium hydroxide monohydrate by building and operating lithium hydroxide production facilities.

    Read

    Commented by Armin Schulz on August 9th, 2023 | 08:55 CEST

    Infineon, Globex Mining, PayPal - Where is it worth getting in after the setback?

    • Mining
    • Commodities
    • Software
    • chips

    The world of finance is characterized by constant fluctuations and changes. This dynamic, which is a source of uncertainty for some investors, can also provide opportunities to profit for well-informed shareholders. One such approach to profiting from the ups and downs of the financial markets is the art of "Buy the Dip" - taking advantage of setbacks or downturns in stock prices to invest cheaply in promising companies. This approach requires a solid understanding of market behavior and the ability to distinguish between temporary price corrections and long-term value potential. We have selected three candidates where an entry could be worthwhile.

    Read