Russell Delroy

Managing Director at Nero Resource Fund - a boutique investment fund focused on small to medium capitalisation resource companies


No areas of expertise

Price gains just beginning for cobalt

Russell Delroy

Cobalt remains our most compelling commodity exposure on the measurable supply / demand dynamics out there. Cobalt should have very aggressive demand side growth in the years ahead; 50% plus of cobalt now goes into energy storage through lithium ion batteries. If you've got a lithium CAGR of 10% or... Show More

resources base metals Longform cobalt

The worst of the cycle could be over

Russell Delroy

In my view, we're currently bouncing along the bottom of the mining cycle with good scope for upside over the medium term as a range of commodities are currently priced well into their respective cost curves, which is unsustainable. The recent pullback in the USD coupled with significantly improving Chinese... Show More

resources the buy side brief