Either scenario is acceptable to me as long as the fundamentals of the company are strong and well advised. As such, a miner with wide exposure to many minerals is fine as long as there is a green market for them. Similarly, a miner who concentrates on the extraction of one mineral is acceptable if its mine is in a geopolitically stable area and the energy used to recover the mineral is within reason.
Have you ever looked at a company like Rio Tinto? It definitely isn't the typical mining company a retail investor thinks of (high growth, high risk).
It is more so an established, income-paying miner that has exposure to a wide variety of minerals. Iron ore, copper, aluminum, lithium, diamonds, titanium etc.
Or, are you looking more so for higher risk/higher concentration mining companies that focus on a particular metal instead?
I'd like to concentrate on recoverable raw materials to decarbonize and electrify our economy.
Copper, zinc, aluminum and nickel are all key industrial metals. In addition I read that in order to reach net-zero emissions by 2050 5.5 billion tonnes of metals for green energy will have to be mined.
Also rare earth metals like Neodymium and praseodymium are magnetic elements used in the manufacture of electric vehicles. I'd like to invest in mining companies and related material sectors.
Hi there. Before I answer this, can you provide me with a bit more specifics? What particular mineral, or maybe even 1 or 2? There are so many, I'm not really sure where I'd start.