An analysis by Goldman Sachs suggests the IRA will channel as much as $3.3 trillion into renewable technologies and other areas over the coming decade.
“Some investors may be interpreting that the more moderate candidates have a better chance of performing well in the upcoming elections,” analyst said.
Investment fund Engine No. 1, known for its battle with Exxon and recently taking a surprise stake in Vale’s base metals business, is eying more deals in critical minerals.
"The problem is that, in the gold industry, most of the tier one assets remaining are embedded in bad assets. And you can’t unlock them,” Bristow says.
