Comparative review

Every now and then the resources industry falls under the spell of strange, exotic metals. Producers – astounded by the interest shown by the outside world – stridently declare the new metal to be the next big thing. Investors pile in, equity prices rise and more investors pile in. Over the past few years a host of metals, including rare earths, lithium, molybdenum and rhenium have all followed this familiar pattern. More recently, producers have faced dramatic share price falls. Is it time now to show more interest? Let’s take each case in turn. When the lithium boom kicked...

Every now and then the resources industry falls under the spell of strange, exotic metals. Producers – astounded by the interest shown by the outside world – stridently declare the new metal to be the next big thing. Investors pile in, equity prices rise and more investors pile in.

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