Hey guys, Dave here, and welcome to Path to Profits. There’s a lot of exciting stuff going on in geotech, strategic materials, finance, and the companies that drive those trends… You see, no one covers this space like we do. So every week, I’ll highlight the top hotspots gaining momentum in the media. It’s how we find our best money-making opportunities, just ripe for big gains. Check out this week’s top hotspots below to find out which trends are gaining traction… | This Week's Top Hotspots ➤ Mining became one of the world's most profitable businesses.
An analysis by Moody’s showed global miners made a combined $230 billion in earnings for the year through September 2020. Mining was the world’s third most profitable sector, after oil and gas, and pharmaceuticals. 
➤ A major trader sees unheard-of highs for copper.
Trafigura, one of the world’s largest metal traders, sees copper nearing $7 per pound as the market “moves deeper into deficit.” The red metal currently trades around $4 – its all-time high was $4.63, in 2011. 
➤ Boring old aluminum became the latest hot investment.
Prices for the industrial metal rocketed to a 10-year high, after producers in China closed due to environmental concerns. Investment buying of aluminum also hit record levels. 
➤ An oil major said it's pivoting to lithium.
Petroleum services giant Schlumberger said it has already invested $15 million in a Nevada extraction site. Lithium producers across America are scrambling to ramp up supply to electric vehicle manufacturers. 
➤ A wrecked nuclear plant in Iowa will become a solar farm.
The Duane Arnold reactor was terminally damaged by storms last August. Solar developer NextEra says it will use the now-idled site to build a 690 megawatt clean energy facility. 
Keep walking the path, 
David Forest
Editor, Path to Profits P.S. If you have any questions or comments about Path to Profits, you can send me a message at feedback@caseyresearch.com. |
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