Sunday, May 25, 2008

Long Term Trends: Part 3: Minerals, Metals, and Mining

With the Multi-Year Globalization Trend in place, minerals and metals are in high demand. Growing economies especially in the emerging markets need minerals and metals such as copper, driving up demand.

Gold is often used as a hedge against inflation.

Specialty metals are also in demand. For example, new generations of airplanes need lighter materials that specialty companies can provide.

Companies include:
  1. Freeport McMoran (FCX), Gold and Copper Company
  2. Rio Tinto (RTP), Copper, Aluminum, Gold and other materials and minerals.
  3. US Steel Corp (X), Steel Company
  4. Michel Steel (MTL), Russian Metal and Steel Company
  5. Posco (PKX), Korean Steel Products
  6. Norilsk (NILSY.PK), Russian Nickel Company
  7. iShares Gold ETF (GLD)
  8. iShares Silver ETF (SLV)
  9. Precision Castparts (PCP), Specialty Metals
  10. Allegheny Technologies (ATI), Specialty Metals
  11. Peabody Energy (BTU), Coal Company
  12. Joy Global (JOYG), Mining Equipment Company
  13. Bucyrus (BUCY), Mining Equipment Company
  14. Layne Christensen (LAYN), Mining Equipment Company

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