BHP – Copper & Nickel

Future facing commodities, such as copper and nickel are well supported in BHP’s portfolio. BHP has the world’s largest copper resource and the second-largest nickel sulphide resource base globally.

Lithium Miners – Algo Signal Review

Australia-based producer Pilbara Minerals is our preferred exposure for lithium along with Mineral Resources is a preferred stock for broader resources exposure.

Our resource basket now consists of BSL, IGO, ILU, IPL, LYC, MIN, NCM, NST, ORG, OZL, PLS, S32 & WPL.

James Hardie FY23 Outlook

JHX reported FY22, with NPAT increasing by 36% to US$620m. While volumes generally slowed in recent months, FY23 NPAT guidance is maintained at US$750-800m.

Based FY23 earnings we have JHX trading on a forward yield of 3.8%.