Mine-d the compelling long term story for metals

Demand for metals is expected to ramp further as the world transitions to greener and more sustainable energy. But mining and processing more of these metals will require substantial capex and we'll likely need higher metals prices to spur that investment. Metals strategist Michael Widmer believes we need to invest around $160 billion per year, well above the $90 billion we currently spend. Investment in the electrical grid will have to increase as well, but these investments are currently harder for many regulators to stomach as consumers are already pressured by rising costs for everything from groceries to car payments. We discuss bottlenecks on the way to net zero and how the energy transition may also usher in changes like fixed price power bills.

 

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