Industrial metals
While metals sold directly to manufacturers rather than being traded on the likes of the London Metals Exchange have less price transparency, there are potential rewards for investors who focus on producers with high-quality commodities where supply is limited.
Smart Investor identified two companies at the conference that fitted the bill. One was Magnis Resources, an emerging producer of high-grade "jumbo"-size flake graphite and the other was Metro Mining, the developer of a 53.6-million-tonne bauxite project in the north-western tip of Cape York.
Importantly, both projects are substantially advanced, with Magnis targeting production by late 2016 and Metro expecting to start delivery of direct shipping ore from its Bauxite Hills project in the fourth quarter of 2016.
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