Sentiment has swung back to miners, and the boom phase of the cycle is under way.
For the first time since 2010, Australia’s resource stocks are on track to outperform the broader ASX 200 index this year. The prices of many commodities have stabilised and in some instances rallied, buoying the belief that the worst of the downturn could be behind the industry.
In China, 4 of the big 6 rare earth entities are trading at year to date highs, it appears in anticipation of regulations on the administration of rare metals expected to come out in China in the near future which will be extreamly positive for the sector.
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