An electrifying decarbonisation play
Decarbonisation is shaping as one of the investment themes of the year, after being a relentless talking point for the majority of the past decade. With fossil fuel commodities under pressure as a result of carbon-neutral commitments from companies and countries alike, it appears inevitable that the world will embrace the power of electrification sooner rather than later.
In order to play this trend of clean energy, Randal Jenneke from T. Rowe Price has highlighted the potential amongst Australian lithium, copper and nickel. With miners such as Oz Minerals in the fray, there is little need to look offshore for these opportunities.
There are a lot of reasons to be positive around how the Australian resource sector can participate and thrive in a decarbonised environment
Doing so can mitigate risks around workforce treatment and the energy exhausted during the mining process, key concerns when looking at South America and Africa based mining operations. Finally, Jenneke notes the key trends in consumer behaviour that are driving this rapid transition.
You can also hear from Randal Jenneke in this recent interview, 5 reasons to be bullish on Aussie equities.
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