Buffalo Metals

Buffalo Metals targets the discovery, advancement and development of critical and precious metal deposits across Africa.

[James Harvie @TereaAfrica007]

Capital is moving into the backbone of the sector.

A ~$170M rail expansion in South Africa highlights a clear shift — infrastructure is becoming a key lever in the critical minerals value chain.

The constraint isn’t just what’s in the ground — it’s how efficiently it moves.

Rail and logistics networks are increasingly shaping margins, timelines, and ultimately who wins in the market.

Control the corridor, control the flow.

#CriticalMinerals #Mining #Africa #Infrastructure #Logistics #SupplyChains #EnergyTransition

https://t.co/qMOsRGCFSW

@Bloomberg
@Reuters
@MiningWeeklyAUS
@Miningcom
@CRUGROUP
@SPGlobalPlatts
@WoodMackenzie
@IEA
@WorldBank
@AfDB_Group
@TransnetSOC

[Robert Friedland @robert_ivanhoe]

The entire copper industry has just returned from last week’s leading copper conference in Chile (CESCO), with participants, including the world’s largest copper traders, even more bullish that all-time-high copper prices could be tested over the coming weeks.

It’s become crystal clear that both China and the US are frantically stockpiling despite industrial supply chain uncertainties related to the conflict in Middle East.

The rivalry between the two superpowers could easily pull the king of metals up to $15,000 per tonne quicker than we can imagine.

ITS A FULL ON GLOBAL TUG-OF-WAR

[Buffalo Metals @Buffalometals]

https://t.co/C60mtinFZ1

[Robert Friedland @robert_ivanhoe]

I have heard many explanations for the rally in the copper market over the past 24 hours... upside call option granters being caught wrong-footed, collar hedging by miners alarmingly out of the money, even aggressive buying of $20,000 per tonne strike calls for June and December at notable premiums ($42 and $160)....
However, it all started... what ended up happening was a cascade of margin calls. Adding fuel to the fire, there was the unmistakable smell of opportunistic capital... There were certainly funds leaning into the thin overnight liquidity, pushing price discovery uphill....

I also heard of panic among certain Chinese smelters who had prudently pre-priced concentrate deliveries... which may be delayed, or possibly not show up at all...? Faced with the reality of deferred supply, they did what markets always force you to do when assumptions break: they covered. With the market starved of new copper, with demand electrifying faster than supply can respond, I doubt this will be the last of the volatility... Whatever the narrative, the result is the same

[Robert Friedland @robert_ivanhoe]

LME copper trading at a new all time high this morning at $14,125 per tonne

[Buffalo Metals @Buffalometals]

🚀

[Alexander Stahel 🌻 @BurggrabenH]

Gold’s move is accelerating 👀

$1,000 → $2,000: 12.6 years
$2,000 → $3,000: 4.5 years
$3,000 → $4,000: 7 months
$4,000 → $5,000: 3.5 months

=> new halving cycle law..?!

[Buffalo Metals @Buffalometals]

🚀

[James Harvie @TereaAfrica007]

Copper just posted its biggest price jump in 10+ years — demand from electrification + tight supply are colliding. If mined supply doesn’t scale fast, the energy transition hits a bottleneck.Copper isn’t just a metal — it’s the new macro signal. ⚡️📈
https://t.co/Pf6U7EhHkU

[Buffalo Metals @Buffalometals]

Lithium back in the spotlight. 🚀
A major just called US$43k/t, sending miners flying — a strong signal of tightening supply and surging battery demand.

#Lithium #EV #CriticalMinerals #BatteryMetals https://t.co/akaMBAc3kO

[James Harvie @TereaAfrica007]

South Africa opens Ivanhoe’s long-awaited Platreef mine — a new low-cost PGM, nickel, copper and gold powerhouse. A major boost for jobs, community ownership and critical-minerals supply.
#Mining #PGM #Platinum #SouthAfrica #CriticalMinerals https://t.co/SIPtWQyTn6

[James Harvie @TereaAfrica007]

Central banks bought 1,089 t of gold in 2024, double 2014-16 levels.
Top buyers: 🇵🇱 Poland 67 t, 🇦🇿 Azerbaijan 34.5 t, 🇰🇿 Kazakhstan 22 t, 🇨🇳 China 19 t.
The gold rush isn’t over — it’s accelerating.
#Gold #CentralBanks #GlobalEconomy #Finance #MonetaryPolicy

[Buffalo Metals @Buffalometals]

China 🇨🇳 and the U.S. 🇺🇸 still haven’t sealed their rare earth deal — weeks after talks.
The world’s most strategic minerals remain the biggest bargaining chip in geopolitics.
#RareEarths #CriticalMinerals #Mining #ChinaUS #Geopolitics #SupplyChain https://t.co/4kpVgzfLc3

[internet hall of fame @InternetH0F]

This is how much a laptop cost in 1989

[Buffalo Metals @Buffalometals]

EU urged to boost critical minerals push amid China curbs https://t.co/LWM3h0aPcn

[Willem Middelkoop @wmiddelkoop]

The Critical Metals

( .. are 25% of our portfolio)

[Buffalo Metals @Buffalometals]

🇿🇲 Zambia’s copper boom is blazing hot.
Record output meets surging global demand — up 20% this year as supply tightens. Africa’s Copperbelt is back in the spotlight. ⚡️

#Zambia #Copper #Mining #EnergyTransition #Africa #CriticalMinerals #EVMetals ⁦ https://t.co/0jEJa2ASvv

[Robert Friedland @robert_ivanhoe]

Copper prices today are trading at approx. $10,700/tonne 👀 ... around 2.5 years ago I was on Bloomberg TV to discuss major supply challenges and an evolving landscape that would lead to a 'copper train wreck' ... driving much higher prices 👇

https://t.co/JAlwybtEme

[Robert Friedland @robert_ivanhoe]

Rewind to the CRU World Copper Conference in mid-2021, where we warned of underinvestment in copper, supply challenges, emerging power-related grid demand, and forecast the emerging status of copper as a 'national security issue' 👇https://t.co/En7klNQibh

[Robert Friedland @robert_ivanhoe]

Back in late 2023 when I appeared on Bloomberg, we were already flagging tight smelting conditions and supply challenges in the copper market. Prices were at approx. $8,500/tonne at the time ... people were questioning copper demand dynamics amid high rates and Chinese economic conditions. We looked beyond the near-term noise at growing grid investment demands, national security issues, growing supply shocks, and the challenges in bringing new mines to market. Today copper is well over $10,000/tonne and rising ... largely due to the issues we discussed almost two years ago when I said "nearly any disruption could result in a sharp upward move in prices":👇

[Robert Friedland @robert_ivanhoe]

Commodities could be on the verge of a new super cycle

https://t.co/AN7kSQyjXx

[Buffalo Metals @Buffalometals]

🌍 Commodities may be entering a new super-cycle.
⚡ Electrification & AI drive demand
⛏️ Supply chains remain fragile
💹 Geopolitics & inflation add fuel

#Commodities #SuperCycle #Mining #Copper #Lithium #EnergyTransition
https://t.co/zy6v3Ur2t2