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B RI LLIA NT I N V E S TM ENT S
2022 MARKET EXPECTATIONS FOR THE MINERAL RESOURCE INDUSTRY ✦ Noel Ong, CEO of Samso wipes clean his crystal ball and takes a hard look at what to expect in 2022.
The Year of the Tiger is looking bright and Noel is excited to be part of our century's new Industrial Revolution. He is most interested in two key issues - Green Energy and No Emissions.
on the EV-No Emission Revolution. This is the Industrial Revolution of our current times. Four Main Components of Growth in 2022 1. Molybdenum
Noel has been in the mineral exploration industry for over thirty years. And he admits he has never before seen such a state of euphoria that the industry is experiencing now.
2. Nickel
Geologists are much sought after and offered excellent compensation. This is a rare occurrence.
4. Lithium (the hot favourite in the industry)
What this means is, the capital market is going to either burst out in 2022 and create a bubble for investors to be concerned about, or it will just carry on to 2023. Noel is optimistic about the path ahead and his confidence in this optimistic narrative is entirely based
Noel has not covered the ESG requirements and participation factor, but it is clear that Environmental, Social and Governance is going to drive the industry as companies look to bring their businesses in line with the ESG bracket. The emergence of a strong ESG requirement is also creating more opportunities and allowing more capital to be allocated.
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There was nearly AUD$750M raised in 2021 and about AUD$400M to AUD$500M raised in 2020. It is a sign that exploration activities will continue to be strong. This plus the fact that the EV / No Emission narrative is totally driving every aspect of the resource industry means the outlook for the metals is going strong.
3. Copper
