Some metals are seeing heightened demand and investment while others are not, said Konrad von Szczepanski, Partner & Director, Boston Consulting Group.
Kitco Mining correspondent Paul Harris spoke to Szczepanski at Mines and Money London held from November 29 to December 1.
Szczepanski said that 2022 illustrated the typical boom-bust cycle of commodities, but there is a recent shift: strong demand for critical metals, such as nickel and copper, needed for energy transition, and a "freezing out" of coal and other metals related to fossil fuels.
"What we're seeing clearly right now is a differentiation between commodities," said Szczepanski.
Coverage of Mines and Money London sponsored by Discovery Group.
