1Yr·

An initial position established. It is predicted that demand for copper will exceed supply as a result of the energy transition.

Is anyone else here invested in mining companies - who have you chosen?

$BHP (-1.06%)
$ABHPG
$RIO (+0.92%)
$GLEN (-0.38%)
$FCX (-0.17%)
$AAUKF

30.05

BHP Billiton

Bought x18 at €27.49

€494.82

17 Comments

Florian@FloowSwager

1Yr

Grupo mexico 😉

•

TimLie@TimLie

1Yr

@FloowSwager In the end, I opted for the financially better-positioned company

••

GHF@GHF

1Yr

I studied commodities very intensively 20 years ago, but was only ever able to explain the trends with hindsight (somewhat unfortunate for investing). That's why I stay away from commodities and mining stocks.

What I find problematic is that commodities are hyped every few years because demand foreseeably exceeds supply.
This is certainly true, but nothing new.
But whenever this argument is used to justify a purchase, I steer clear of it.

•

TimLie@TimLie

1Yr

@GHF Thank you, it remains exciting. It is of course also interesting to what extent the shortage can be met by recycling copper. I have already read somewhere that 30% of demand can be covered by recycling

••

Mojito@Mojito

11Mon

@GHF I find that exciting. Can you perhaps give one or two examples from your investment history where a supposed "no-brainer" investment was not so successful in the end? I would be very interested in that!

••

Dussel D.@DusselDuck

1Yr

Yes, also in $BHP

•

TimLie@TimLie

1Yr

@DusselDuck cool for how long? What was your motivation?

••

Dussel D.@DusselDuck

1Yr

@TimLie Only since March 2023
The reasons for investing in BHP included
- No withholding tax
- Diversification of the portfolio (Australia!)
- World market leader
- Dividend
- Historically quite good share price performance
(for a commodity company)
- "Favorable" valuation

•

TimLie@TimLie

1Yr

@DusselDuck makes Sinn👍🏽

••

KlausDieMaus@KlausDieMaus

1Yr

I have it in my ETF (essential metals)

•

ElShib@ElShib

1Yr

$COPX, although I pretty much rather trade the commodity directly when that is the case

•

TimLie@TimLie

1Yr

@ElShib how do you trade copper directly?

••

ElShib@ElShib

1Yr

@TimLie exchange Capital dot com allows for some commodities

•

U D.@market_analyst_466

1Yr

Have $RIO $GLEN and another ETF Earth Exploration

•

TimLie@TimLie

1Yr

@market_analyst_466 cool what were your reasons for choosing the companies?

••

U D.@market_analyst_466

1Yr

I wanted raw materials.
Rio Tinto
- favorable entry price, therefore good dividend yield
- the quantity of metals
- no withholding tax
- that was a while ago, but I think that it became $RIO and not $BHP due to the type of raw materials and planned or completed acquisitions, i.e. the type of business development

-The initial spark for the ETF Earth Exploration was a Saturday podcast by Alles auf Aktien

https://open.spotify.com/episode/55ZwKfKaq9g0BoU23KKPjB?si=8IaKVanATIqU_bIt1_Kbdw

....aber I want dividends and the ETF accumulates

•

Seventrader@7Trader

1Yr

I have Freeport $FCX for copper & Co in my portfolio. I also have Aurubis $NDA as the largest copper recycler.

••