In the early 1970s, the US and Saudi Arabia developed an agreement whereby the US would provide military support to Saudi Arabia. In return, the Saudis agreed to only sell Crude Oil in US Dollars, and to plough billions of US dollars earned back into US...
Investors
Why resource companies should not just assume cash will be there when they need it
There is a tendency for some resource company boards to assume capital will be available when they need it, and thus sometimes run their companies a little too relaxed on the cash side. There is a wise business saying, “Almost every business error is...
Unravelling the new European Union Critical Minerals Act
The European Commission (EC) has finally announced its answer to the US’s Inflation Reduction Act, however on the face of it, the Commission isn’t proposing that it put its money where its mouth is (at least not for now). The new Critical Minerals Act is...
BYD driving fast to overtake Tesla
While there has been a noticeable increase in Teslas on the road, a new entrant to the Australian market, BYD, has been making massive strides in its deployment of electric vehicles globally, particularly through the use of its revolutionary Blade Battery....
