The rampant bullishness of 2017 toward metals involved in the electric vehicle (EV) industry will make way for cautious optimism, with copper likely to benefit the most due to its role in the electric charging network, Lord Copper predicts.
I've just looked back at my article written this time last year with my ideas as to what the coming 12 months may have had to bring. Reluctant as I am to indulge in self-congratulation, I have to say it looks pretty good, with the benefit of hindsight. Before going on to look at 2018, I will just bask for a moment in some of that reflected light.First, I suggested that it was probably time to look at selected mining stocks; more specifically, I took to task Danny Fortson of the Sunday Times for his suggestion that Rio was a definite sell. My view was that it was one of the best in the field - management problems of the time notwithstanding - and that I would certainly be holding on to it. Well, it may not have been the highest performer of the sector...