Iron ore is currently the bread and butter of BHP and Rio. I'm bullish for this long term as buildings and cities develop worldwide, but this demand could slump if there is a global recession. The weak china demand makes sense right now and the companies sound bullish for demand in india increasing.
I'm interested to see how $BHP Group Ltd(BHP.AU)$ handles the nickel issues. This could certainly be a drag for them

Iron ore is currently the bread and butter of $BHP Group Ltd(BHP.AU)$ and $Rio Tinto Ltd(RIO.AU)$ . I'm bullish for this long term as buildings and cities develop worldwide, but this demand could slump if there is a global recession. The weak china demand makes sense right now and the companies sound bullish for demand in india increasing.
I'm interested to see how BHP handles the nickel issues. This could certainly be a drag for them

$BHP Group Ltd(BHP.AU)$ 's earnings report has me on the edge of my seat. Production is up, but it still falls short of Morgan Stanley's forecast. But hey, the stock market is full of ups and downs. No one can win all the time. Looking at the trend, it seems like BHP is gearing up for a big rebound next quarter. Let's see what they have in store for us! 👀

Thanks to the ban on RUSSIAN ALUMINUM going through the COMEX and LME, South 32 ( $South32 Ltd(S32.AU)$ ) rallied 4.5% and Alumina ( $Alumina Ltd(AWC.AU)$ ) put on 6%.…Elsewhere, I was a little surprised fundies weren’t coming in hard for our OILERS – Woodside ( $Woodside Energy Group Ltd(WDS.AU)$ ) only put on 0.3% and Santos ( $Santos Ltd(STO.AU)$ ) added just 0.9%….Got to say that STO looks more than ready to break out and we could even see WDS return with a better takeover offer.

The very rare and unique 16 million oz PGM deposit that Chalice (CHN) discovered in WA now becomes STRATEGICALLY important for the WEST. I think Rio Tinto will take it over and develop it. BUY last sale $1.395 $Rio Tinto Ltd(RIO.AU)$

Russian ALUMINUM, COPPER & NICKEL is now banned from the COMEX & LME…..Russian Platinum Group Metals (PGMs – PLATINUM and PALLADIUM) have been exempted due to ‘supply chain sensitivities’ – which in my view, means PGMs are tight beyond belief and ready for a historic short squeeze. BUY $BHP Group Ltd(BHP.AU)$ $Rio Tinto Ltd(RIO.AU)$

BONDS and STOCKS got touched up while GOLD, SILVER & COPPER rallied…..This is 70’s style price action and I’m lovin’ every moment!!
I don’t know how all this CHAOS in the MIDDLE EAST ends, but I do know it is good for our ENERGY stocks and PRECIOUS METALS. $Rio Tinto Ltd(RIO.AU)$ $BHP Group Ltd(BHP.AU)$ $Woodside Energy Group Ltd(WDS.AU)$

Great post mate, personally I think that the news flow from $Ionic Rare Earths Ltd(IXR.AU)$ is very positive and it paints a picture of progress being made on all fronts. At some point in the near future one could expect to see the ongoing progress reflected in the SP.
Some of the catalysts may be:
# increasing ownership of the Makuutu project to > 85%
# Good news emanating from production of high grade MREC from trials underway at Makuutu demonstration plant
# Production increasing from the Bel...

Nice breakout in $BHP Group Ltd(BHP.AU)$ Great stock for the wheel with its 5% dividend.