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Teck Resources Limited Class B Subordinate Voting Shares (TECK.B $68.65)
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Barrick Mining Corporation (ABX $61.73)
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Canterra Minerals Corporation (CTM $0.22)
Q: Hello
the Ontario Ministry of energy indicated that Ontario will start to build a road up North to develop the Critical minerals in the Ring of Fire in N Ontario; obviously , companies like Stn , Wsp could benefit from the construction, in terms of critical minerals, can you give me some names of some companies that could benefit? or some other industrial stocks that will benefit, thanks
Michael
the Ontario Ministry of energy indicated that Ontario will start to build a road up North to develop the Critical minerals in the Ring of Fire in N Ontario; obviously , companies like Stn , Wsp could benefit from the construction, in terms of critical minerals, can you give me some names of some companies that could benefit? or some other industrial stocks that will benefit, thanks
Michael
5i Research Answer:
TECK.B and ABX both have exposure to the region. As noted, WSP and STN could benefit. ARE, BDT and BDI could be others. Some of the mining companies are very small while others (Noront) have been taken private. CTM is one that certainly should see benefits.