BAC is saying the mining of metals for alternative energies will need to double the capital investments by 2050 in heading off climate change. Supplies are tight and prices are high for the metals in general. This is an opportunity for the financial community.
So invest in miners, metals or mining services? What’s an ETF for the services?
I bow to others. I do not know this sector.
**ETP Name - Metals & Mining w/>0 performance Market Price Net Assets Asset Class Metals & Mining TR (YTD)** **Symbol Sorted by YTD** XME SPDR® S&P METALS AND MINING ETF $48.85 $2.8B Equity 84.55% 19.87% SLX VANECK STEEL ETF $56.11 $128.9M Equity 92.70% 18.14% PICK ISHARES MSCI GLOBAL METALS & MINING PRODUCERS ETF $40.25 $1.6B Equity 90.01% 7.51% COPX GLOBAL X COPPER MINERS ETF $36.46 $1.8B Equity 95.12% 7.13% SGDM SPROTT GOLD MINERS ETF $26.32 $248.7M Equity 99.56% 0.95% ETP Type ETFs 2827 Leveraged / Inverse Not Leveraged or Inverse 2636 Asset Class None selected 2636 Industry Exposure inc. Metals & Mining 20 Market Total Returns (YTD) 0.00% and Above 5