Metals, Ores, and Mining Firms, Mint Finance

Pranay Yadav

Metals, Ores, and Mining Firms

Deep Fundamental Analysis

Mint Finance

Mint Finance's investment research blends deep fundamental analysis with technical & quant insights. Investment strategies straddle across multiple asset classes with risk management embedded into every trade to deliver an outsized reward-to-risk ratio.

Mint Finance's research is centered around three key themes. First, energy transition and climate change. Second, artificial intelligence. Third, shifting world order with its impact across politics and monetary economics.

Macroeconomics

<ul>
<li>BOJ minutes from the October meeting show 8 of 13 members backing near-term hikes, raising odds of tightening in December–January as wage negotiations strengthen.</li>
<li>Japan’s JPY 21.3T fiscal package and rising JGB yields highlight a growing policy clash, pushing the yen toward the prior 160 intervention zone.</li>
<li>Historical patterns of rapid yen reversals indicate that a BOJ hike alongside emerging Fed cut expectations materially increases the probability of a near-term yen appreciation.</li>
</ul>


BOJ minutes from the October meeting show 8 of 13 members backing near-term hikes, raising odds of tightening in December–January as wage negotiations strengthen.
Japan’s JPY 21.3T fiscal package and rising JGB yields highlight a growing policy clash, pushing the yen toward the prior 160 intervention zone.
Historical patterns of rapid yen reversals indicate that a BOJ hike alongside emerging Fed cut expectations materially increases the probability of a near-term yen appreciation.


Japan Is at a Policy Crossroads, Yen Offers a Guide

Equity Bottom-Up

Anglo American PLC is a global mining company. The Company's mining portfolio includes bulk commodities including iron ore, manganese, and metallurgical coal, base metals including copper and nickel and precious metals and minerals including platinum and diamonds. Anglo American has mining operations in Africa, Europe, North and South America, Asia, and Australia.

<ul>
<li>Glencore’s dual role as competitor and gatekeeper shifts bargaining leverage, making deal terms contingent on a rival’s consent.</li>
<li>Cross-Continental reviews across Canada, Chile, and beyond create compounding risks of serial delays, amplified by political sensitivities over copper’s strategic importance and public opposition to foreign takeovers.</li>
<li>The option of counterbids or merger breakup invites activists and bidders, fuelling uncertainty and volatility </li>
</ul>


Glencore’s dual role as competitor and gatekeeper shifts bargaining leverage, making deal terms contingent on a rival’s consent.
Cross-Continental reviews across Canada, Chile, and beyond create compounding risks of serial delays, amplified by political sensitivities over copper’s strategic importance and public opposition to foreign takeovers.
The option of counterbids or merger breakup invites activists and bidders, fuelling uncertainty and volatility 


Commodities

Copper is a chemical element with symbol Cu (from Latin: cuprum) and atomic number 29. It is a soft, malleable and ductile metal with very high thermal and electrical conductivity. A freshly exposed surface of pure copper has a reddish-orange color. It is used as a conductor of heat and electricity, as a building material and as a constituent of various metal alloys, such as Sterling silver used in jewelry, cupronickel used to make marine hardware and coins and constantan used in strain gauges and thermocouples for temperature measurement.

<ul>
<li>China’s refined copper output is projected to contract 4–5% this month—the first seasonal decline since 2016—driven by smelter inefficiencies and concentrate shortages.</li>
<li>Exchange inventories show divergence: LME and SHFE stocks are falling while CME stocks rise, amplifying regional supply tightness and premium volatility.</li>
<li>CME Copper futures show strengthening bullish momentum, with RSI above 50 and MACD nearing a bullish crossover, signaling improving market sentiment.</li>
</ul>


China’s refined copper output is projected to contract 4–5% this month—the first seasonal decline since 2016—driven by smelter inefficiencies and concentrate shortages.
Exchange inventories show divergence: LME and SHFE stocks are falling while CME stocks rise, amplifying regional supply tightness and premium volatility.
CME Copper futures show strengthening bullish momentum, with RSI above 50 and MACD nearing a bullish crossover, signaling improving market sentiment.


Copper’s Perfect Storm: Supply Strains Meet Fed Tailwinds

Cross Asset Strategy

<ul>
<li>U.S. “Crypto Week”—GENIUS Act signed, CLARITY + anti-CBDC bills advanced—promises fresh stable-coin liquidity, yet practical impacts will lag the market’s rapid pricing.</li>
<li>Bitcoin touched a $123k ATH on $19 bn YTD ETF inflows, while ETH and SOL still sit 20–30 % below prior highs despite Q2 gains of +35% and +24%.</li>
<li>Altcoins caught up fast—XRP led the charge, ETH also outpaced BTC, while SOL trailed peers—showing a brisk, uneven rotation away from Bitcoin dominance.</li>
</ul>


U.S. “Crypto Week”—GENIUS Act signed, CLARITY + anti-CBDC bills advanced—promises fresh stable-coin liquidity, yet practical impacts will lag the market’s rapid pricing.
Bitcoin touched a $123k ATH on $19 bn YTD ETF inflows, while ETH and SOL still sit 20–30 % below prior highs despite Q2 gains of +35% and +24%.
Altcoins caught up fast—XRP led the charge, ETH also outpaced BTC, while SOL trailed peers—showing a brisk, uneven rotation away from Bitcoin dominance.


Crypto Week Unleashes a Bitcoin Blitz and Sparks the Altcoin Catch-Up

<ul>
<li>China's soybean imports surged 129% MoM in May, yet excess inventory and weak feed demand continue to suppress soybean meal prices.</li>
<li>Technical indicators turned bearish with a June 25 death cross and sustained price drop below the 50-day DMA.</li>
<li>Despite near-term bearishness, call option buildup from July to November suggests medium-term recovery hopes.</li>
</ul>


China's soybean imports surged 129% MoM in May, yet excess inventory and weak feed demand continue to suppress soybean meal prices.
Technical indicators turned bearish with a June 25 death cross and sustained price drop below the 50-day DMA.
Despite near-term bearishness, call option buildup from July to November suggests medium-term recovery hopes.


Oversupply Meets Tepid Demand Weighing Down on Soybean Meal

Research analyst adept in global commodities and US macroeconomics, specializing in directional, long/short, relative value, and options strategies.