OZMLF News and Press, Oz Minerals Ltd Ord

2023-06-24 08:25:41 ET Summary Cobalt spot prices were significantly lower for the month. LME inventory was slightly lower for the month. Cobalt market news - Cobalt price has fallen nearly 30% this year due to weak demand and oversupply. Cobalt miners news - Huayou Cobalt set...

Summary I believe the top performing copper producers will outperform the broader market over the coming years. In this article I look to determine the best pure-play copper producer to hold for the upcoming copper bull run. The analysis focuses on the key assets position on t...

OZ Minerals Limited (OZMLF) Q3 2022 Results Conference Call October 23, 2022 07:00 PM ET Company Participants Andrew Cole - Chief Executive Officer Warrick Ranson - Chief Financial Officer Matt Reed - Operations Executive Conference Call Participants ...

Summary Cobalt spot prices were flat for the month, LME inventory was slightly lower. Cobalt market news - Strong cobalt production and weaker demand has pushed the cobalt market into a significant surplus this year. The U.S. DoE awards $2.8 billion in grants. Cobalt miners' n...

Summary Nickel spot prices were slightly higher the last month and the LME inventory was slightly lower. Nickel market news - BMI: 72 new 45,500tpa nickel mines needed by 2035. LME: Most (metal) markets fundamentally remain tight at the moment. Nickel company news - Vale guide...

Summary BHP Group Ltd is now a pure-play miner after spinning off its oil and gas operations in June 2022. We like BHP's focus on growing its exposure to copper as the long-term demand outlook for the metal is quite bright. BHP aggressively pared down its net debt load in fisc...

Summary Cobalt spot prices were up slightly for the month, LME inventory was lower. Cobalt market news - BMI: The world will need 62 new cobalt mining projects of 5,000tpa by 2035, 38 if recycling is factored in. Cobalt miners news - Vale and Huayou plan to build an $1.8b HPAL...

Summary OZ Minerals is overvalued based on metrics we use to assess investments for long-term holdings. However, we see qualities in the company that would appeal specifically to BHP. We view the rumoured offer price of around A$30 as broadly fair valuation. Investme...

Summary Nickel spot prices were generally flat the last month and the LME inventory was lower. Nickel market news - IEA:60 new nickel mines needed to meet demand by 2030. US Inflation Reduction Act EV tax credits supports nickel from North America and free trade allies. Nickel...

Nickel spot prices were lower last month and LME inventory was lower. Nickel market news - Woodmac forecasts increase in supply will see the global nickel market be in surplus this year and next, which will put downward pressure on prices. Nickel company news - Nornickel H1 2022 t...