Frankly, investing in Europe is more troublesome. The cost of power is sending most manufacturing broke.
I see that OFZ ( huge alloy plant in Eastern Europe
https://www.ofz.company/en/ ) has had a gutful in Europe and is now looking at building a new alloy plant in Africa. WHY ? Cost of power in Europe.
"OFZ scouted seven locations in Africa for its new ferroalloy plant and met with local officials. OFZ is now analyzing the data to make a decision."
Tshipi (JMS and OMH ) is one of the worlds largest manganese mines in the world with 120 years of mine life.
Last quarter Tshipi exported 1,046,674 tonnes of Mn ore.
"
Tshipi Borwa Manganese Mine Tshipi exports (100%) for the quarter ended 30 June 2024 totalled 1,046,674 which represented an increase of 40.3% from the previous quarter ended 31 March 2024.This upturn was mainly attributed to higher volumes of low-grade materials being exported due to favourable market conditions."
Obviously you picked a dud stock before and picked an even bigger dud stock in EMN
