Show Notes
Alex Turnbull once sent an out-of-work Mongolian translator with a drone to the Chinese border to count coal trucks.
Two years ago he told us data centres were the new EVs, and that silver could get very silly. It was $28 at the time. It hit $100 in January.
The former Goldman special situations banker and founder of Singapore’s Sagax fund is back, and he thinks the critical minerals market is trading on vibes.
Alex covers:
The Mongolia drone story Why critical minerals equities now trade tick for tick with Trump’s polling China’s “magic pudding” of diesel, and whether it has run dry A jet ski, some explosives and a guidance system: the new veto on global shipping Electric haul trucks, and why he thinks BHP will regret its stance The photonics breakthrough that could make data centres 20 times more efficient Why Caterpillar looks more exposed than copper Gallium, germanium and indium: the trades the big houses won’t touch
……………
TIMESTAMPS (0:00) Intro (01:30) The Mongolia Drone Story (05:10) Critical Minerals and the Trump Trade (09:30) The Hormuz Crisis (13:20) Diesel and Electric Mining Trucks (19:10) Refining and Fertilizer (24:20) Coal, Power and Data Centers (32:20) Data Center Energy Efficiency (38:40) Copper and Uranium (44:20) Lithium (50:10) Gallium, Germanium and Indium ……………
Join 19k+ subscribers to the Director’s Special:one daily email with all the news that matters in mining ……………
PARTNERS Thank you to the mining services businesses that make this content possible: • Sandvik Ground Support – The only ground supportyou’ll ever need • Titan Recruitment – Specialists in engineering and technology recruitment • Focus by Marketech – All your mining news and market needs in one powerful platform | 10-day free trial • SS&C Intralinks – Powering deals with unmatched security and efficiency ……………
FOLLOW & CONNECT • YouTube: @MoneyofMine • Twitter / X: @moneyofminepod • LinkedIn | Instagram | Facebook • Travis Ricciardo: @TRAVmoneyofmine • Jonas Dorling: @JDmoneyofmine • Email us Word on the Decline: [email protected] ……………
DISCLAIMER All information in this podcast is for education andentertainment purposes only and is of general nature only. Please ensure you read our full disclaimer.
More from Money of Mine
There's chaos across the board for mining shares… it’s red everywhere. The materials index officially a bear market losing over 20% of its value in just over a month. With this in mind, we dig into: What's behind the relentless selling
M&A whiz Ben Bailey, Portfolio Manager at Harvest Lane, is back.
We went hunting for value disconnects with a clock ticking and came up with 10 special situations in ASX small cap resources.
We're hunting far and wide for the best businesses in mining.
Australia’s biggest gold deal is here, with Gold Fields locking Northern Star in its gaze. There's so much to this story. We get into why this isn't a rerun of Gold Road, what Gold Fields does next and whether an NST board mid-CEO transition has the backbone to go it alone. Plus, Lynas strikes an all-scrip deal for Meteoric, and Robert Friedland delivers one of the great keynotes at Mining Forum Americas (MFA). We cover: Gold Fields makes its move