In this episode, Reuters commodities analyst, joins Shae Russell to discuss why iron ore and copper rely on Chinese news for movement, what would it take for Australia to grow a downstream industry, plus after nine years in government why only now is the Coalition insisting Australia build a nuclear industry…and more importantly, what would it take to create one.
Timestamps
(1:01) - Metal prices are jumping at shadows
(3:55) – There’s no big bang stimulus from China
(7:00) – The two things holding back Australia’s downstream sector
(14:23) – What’s really holding back Australia’s nuclear industry
(20:29) – Funding is hard to secure when China controls price
(25:48) – Seeking quarterly returns is holding back long term investment
(28:51) - The catalyst for change
(31:49) – We need diversity of thinkers, not just how we look
(36:58) – Superfunds aren’t doing enough to drive genuine, innovative change
(40:00) - A drink for each climate