Volatility will continue As the EU and China look to warm up relations don't expect a lot from the Biden admin and could be good for us....from CNN
" The European Union said last year that it considers China to be a "strategic competitor" and a "systemic rival," reflecting a recent hardening of attitudes toward the country. Biden has gone even further, describing Xi earlier this year as a "thug" who doesn't have a "democratic ... bone in his body."
this will help drive NA investment in mining and especially CMs, there are few options and recovery here,is in part, going to start with mining what's needed to fuel the electrification manufacturing that is coming.
these geopolitical issues are important to us regardless of the cobalt, lithium, copper and nickel you may own.
our gold is another story and huge factor for a FT partner.