Diversified miner S32 now has some clear exposure to “green metals” including silver (solar panels), copper and nickel with the last 2 essential in electric motors and batteries. The company might not be pure lithium or nickel play like a few alternatives in the ASX but it does generate solid profits and pay an enticing fully franked dividend making it a viable green alternative for fund managers with flexible mandates. After its recent 20% correction S32 looks on track to rally back towards and above its 2021 high.
MM is bullish S32 targeting fresh highs ~$5.50
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