Zinc price rallies as traders unwind bearish bets on better outlook

“This is the first fundraising we have done where mining is seen as part of the solution than being the problem itself,” says founder.

Russia was previously a major supplier of copper to the European Union.

The world’s metal traders are enduring one of their toughest periods in years.

Rising geopolitical risk could see buying in assets like gold.

It’s been 19 months since Matthew Chamberlain responded to a runaway short squeeze by suspending the world’s benchmark nickel market and cancelling $12 billion of trades.

“Investors seem keen to know Rinehart’s plan,” Seth Goldstein, an equity strategist at Morningstar, said.

In a country blessed with natural resources, the vast bulk of IPOs this year came from expansion-minded metals companies.

Gold just suffered a violent technical breakdown, plunging even deeper out of favor.

There’s a “decent chunk” of gold at around 6% to 8% of the Japanese portfolio, says Nikko's global head of multi-asset.