Summary: 2016 will see some mining stocks recover as metal prices stabilise, but closures and mergers will continue as the sector battles to repair balance sheets. Investors should be aware of the “next generation” of metals like lithium and graphite, used in battery storage, in light of the worldwide push into low-carbon energy.
Key take out: More mine closures are likely before the sector can stage a meaningful recovery, but value is likely to emerge in the next year.
Key beneficiaries: General investors. Category: Shares