RE: Iron ore price rallies on China fundamentals15 Sep 2023 12:20
Yes MP.
I also view AI as a game changer. It's still in its infancy, but IMO will create significant demand for the base metal Iron Ore in the coming years. Eg. Data centres, new facilities, manufacturing plants, new inventions, transportation, infrastructure, reindustrialisation of the West, Energy & Power generation (need a lot more electricity), Poverty alleviation via medicine & education resulting in a significant increase in the Middle Class across Africa & Asia, Facilitating urbanization & construction, EVs, Energy Transition to net-zero etc etc.
I'm actually now more bullish on DSO Iron Ore than silver! But silver as a tech metal will of course benefit significantly also. Future very bright for UFO in Tier 1 Australia.