Loading ...Lukas Ekwueme
@ekwufinance
The age of mining is about to begin.
The global economy is shifting away from a just-in-time model toward a bifurcated system.
– Nations are prioritizing supply security over efficiency
– Strategic stockpiles are expanding
– Export controls are rising
The long-running era of globalization, excess capacity, and falling prices is coming to an end.
Under globalization, asset-light business models thrived. Companies offshored production, minimized inventories, and optimized relentlessly for margins.
That model only works when materials and energy are always available.
They are not anymore.
This is why Big Tech is already acting:
– Locking in copper supply directly at the mine level
– Building and controlling power generation
– Securing end-to-end supply chains
– Participating in critical mineral stockpiles
Governments and tech giants hoarding metals and locking in long-term offtake deals will force everyone else to do the same just to avoid being left short.
That turns supply security into a self-reinforcing bidding war over the same finite metals and energy.
In this new world, mining transforms from an old, dirty business everyone avoided into a matter of national security, where access trumps price.
Meanwhile, mining as a share of global equities is at ~1%, a historic low.
Life-changing money will be made in the mining sector
