Australian resources stocks poised to profit from Biden’s trillion-dollar bill

• As US President Joe Biden's historic infrastructure bill inches closer to reality, Australian exporters may get a new ticket to the land of opportunity
• "We will rebuild" takes on a whole new meaning in the wake of Biden's trillion-dollar bid to revitalise public infrastructure amid a global pandemic
• When it becomes law, the bill will breathe life into the nation's crumbling public transport, housing and utilities sectorsIt will additionally set the wheels in motion for a transition to green energy over the next eight years
• With demand for essential materials expected to increase, some of Australia's minerals reserves could prove a lucrative asset in Biden's new green era

Rutile

With Biden's plan set to "build, preserve and retrofit" more than two million homes and commercial buildings, modernise schools, and upgrade hospitals and federal buildings, the US will require a substantial lick of paint.

The origins of the white pigment found in most paint stems from the mineral rutile.

When processed, its properties lend themselves primarily for use as a pigment for paints (of which there is approximately 38 grams per litre of wet paint), plastics and paper. It is also used in the production of titanium metal.

Significantly, rutile can be processed into pigments in a more carbon-efficient way than its synthetic alternatives. This offers the natural mineral an advantage given Biden's clear stance on moving to greener manufacturing processes and cutting carbon emissions.

Due to rutile's scarcity, there are few ASX-listers operating in this space. One of the prominent players, however, is Sovereign Metals (SVM).

The company touts backing from affiliates of the Sprott Group and what has recently been confirmed as one of the largest rutile deposits in the world, the Kasiya rutile deposit in Malawi.


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