Canada Nickel Company Inc V.CNC

Blackrock says buy metals stocks if you care about climate

[EndZonefor7]

BlackRock is also calling on metals companies to invest in decarbonization. “People pay premiums for companies that are lower carbon producers,” said Olivia Markham, who manages BlackRock’s mining investments together with Hambro. “If you look at the US steel industry, which is a much lower carbon intensity versus say the European steel industry, there’s a higher premium that is paid for that,” she said.

[CanadianPatriot]

Like usual no link but just a snippet.  Investing multi billions up front where you don't recoop your capital costs and eek out a profit in years doesn't sit well for caplital allocators.  Can you imagine the disdain for low grade deposits that will take even longer to recoop capital costs? The narrative was that nearby Glencore would provide the infrastructure that currently