AURUBIS AG
Commented by Carsten Mainitz on December 29th, 2020 | 09:13 CET
Glencore, Almonty, Aurubis - Scarcity drives share price
If you have listened to the old master of the stock market André Kostolany, then you have thought about aluminum in the past, and that's a good thing. If you bet on companies that focus on industrial metals or strategic metals, you should see a good performance next year. Rising demand in the wake of electromobility is driving up the price of copper. But so-called strategic metals, such as tungsten, are also used in various ways and are difficult to substitute. The availability of strategic metals is more limited than that of industrial metals. At times, there can be a large gap between supply and demand. Investors then profit from scarcity prices. We reveal where opportunities are tempting.
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Commented by André Will-Laudien on November 5th, 2020 | 11:06 CET
Defense Metals, Orocobre, Aurubis – Everyone is a specialist!
Strategic metals are indispensable. They are very rare in the earth's crust and only occur in certain places. For the free economy, there is a procurement problem per se, because, on the one hand, China has the largest reserves, on the other hand, the states intervene in the distribution of the existing quotas. In times of a pandemic, mine closures lead to minor shortages in these metals, but prices are usually negotiated with buyers on a long-term basis. Since the metals usually cannot be procured in alternative ways, it is in everyone's interest to improve the supply situation. But how to procure, if not steal...?
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