In this country, the mining and quarrying industry is rather small by global standards. About two billion euros a year is the turnover each year. Precious metals are mined in Mexico and Peru, in Canada and in Africa, for example. Certain mineral raw materials such as potash and salt occupy a relatively strong position in Germany compared with the rest of the world. Potash fertilizer, mostly from Canada, Russia and the Middle East, is indispensable for growing crops. After all, the world's population, which is still growing, wants to be fed. There are now a good eight billion people on the planet; by 2050 there are expected to be 9.71 and by 2100 around 10.35 inhabitants of the earth.
An excellent potash basin exists in Africa. There, in mining-friendly Gabon, Millennial Potash - https://www.commodity-tv.com/ondemand/companies/profil/millennial-potash-corp/ - is busy developing a potash project. Much to the company's advantage, the construction of a port is now serving nearby. Because not many potash projects can score points with easy access to a port.
Commodity companies need financing. Without raw materials, for example, the decarbonization that the world is striving for cannot succeed. However, the mining sector is currently in a phase of investment cutbacks. And according to forecasts, these cutbacks will also dominate the full year 2023. Investment is expected to be 11 percent lower this year.
That's where Queen's Road Capital Investment - https://www.commodity-tv.com/ondemand/companies/profil/queens-road-capital-investment-ltd/ - comes in. The company invests in commodity companies that focus on precious metals such as gold, base metals such as copper and on uranium. Roughly speaking, the company earns from securities and Queen's Road Capital Investment shareholders earn from convertible bonds. Overall, a somewhat different but also extremely interesting way to invest in the commodities market.
Current company information and press releases from Millennial Potash (- https://www.resource-capital.ch/en/companies/millennial-potash-corp/ -) and Queen's Road Capital Investment (- https://www.resource-capital.ch/en/companies/queens-road-capital-investment-ltd/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
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