Energy / Resources

Australia is the world’s second-largest exporter of liquefied natural gas (LNG), with an output of 81 million tonnes (MT) in 2024, surpassed only by the U.S., according to the International Gas Union 2025 World LNG Report. In a year when global LNG trade expanded by 2.4 per cent to 411.24 MT, Australia contributed a 1.48 MT increase, connecting 22 exporting markets with 48 importing ones. continue…

by Roger Montgomery Posted in Energy / Resources.

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Woodside Energy Group Ltd (ASX: WDS) (formerly Woodside Petroleum Ltd) is Australia’s largest independent dedicated oil and gas exploration and production company. With its share price down 46 per cent since September 2023, it might pay investors to understand the transformation occurring at the company and the reason it is now a three per cent position in The Montgomery Fund and a 2.3 per cent position in The Montgomery [Private] Fund. continue…

by Roger Montgomery Posted in Companies, Energy / Resources, Stocks We Like.

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Australia’s aggressive pursuit of renewable energy, championed by the Teal independents and the Labor government, is sold as a path to cheaper electricity and a cleaner future. The promise is seductive: wind and solar will slash power bills while saving the planet.

Yet, recent events in Europe – most notably Spain’s massive blackout and Germany’s ongoing grid struggles – expose this narrative as dangerously naive. Forcing intermittent renewable energy onto aging grids without adequate investment in stability measures is a recipe for chaos, and this weekend, I suspect, Australia will vote to barrel down the same path. continue…

by Roger Montgomery Posted in Energy / Resources, Market commentary.

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As world oil’s upstream and downstream industries stand at a crossroads, investors globally face the challenge of deciphering innumerable geopolitical and economic signals. These signals will also directly impact inflation rates with implications for central bank interest rate policy. For investors, the outlook for oil holds more than the usual amount of sway. From potential upheavals in the Middle East to colossal mergers in the U.S., here’s a shallow dive into the factors influencing the future of oil. continue…

by Roger Montgomery Posted in Economics, Energy / Resources, Global markets, Market commentary.

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While investors in electric vehicle (EV) themed companies debate long-term forecasts for the price of lithium and the pace of EV adoption, the downstream impacts of that adoption may produce more interesting investment conclusions. It’s a side to the EV story that remains largely ignored by the mainstream investment narrative. continue…

by Roger Montgomery Posted in Energy / Resources, Market commentary.

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Australian small companies can provide investors with opportunities to tap into global themes that we believe will drive investment returns in the future. One of these is what is the most effective solution for achieving decarbonisation in electricity production. continue…

by Michael Gollagher Posted in Energy / Resources, Market commentary, Stocks We Like.

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Around 75 per cent of the World’s lithium reserves, according to the U.S. Geological Survey, can be found in Latin America (58 per cent in Chile, Bolivia and Argentina) and Australia (17 per cent). Meanwhile, China currently has 80 per cent of the global refining capacity. While not as concentrated, Chile (21 per cent), Australia (11 per cent) and Peru (9 per cent) hold a large share of the global copper reserves at a combined 40 per cent. continue…

by David Buckland Posted in Energy / Resources.

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In this week’s video insight Gary and David discuss how the reopening of China is having a positive impact on the resources sector, specifically copper. The Montgomery Small Companies Fund is currently overweight industrial metals and Gary shares three stocks we like in this space as well as three lithium producers that we think have bright prospects. continue…

by Gary Rollo Posted in Companies, Editor's Pick, Energy / Resources, Stocks We Like, Video Insights.

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The share price of Australia’s leading gold miner, Newcrest Mining (ASX:NCM), has been somewhat disappointing for the last few years. That could soon change if the recent recovery of gold price continues, recent corporate actions start to bear fruit and if investors start to take note of the company’s significant copper assets. continue…

by Sean Sequeira Posted in Companies, Editor's Pick, Energy / Resources, Stocks We Like.

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News about the Chinese construction sector keeps getting worse. That’s a major issue for our iron ore miners as Chinese property construction accounts for around one quarter of all seaborn iron ore demand. As our three biggest iron ore producers – BHP, Rio and Fortescue – make up a big chunk of the ASX200, I foresee darker days not just for these companies, but for the performance of the entire bourse. continue…

by Andreas Lundberg Posted in Energy / Resources.

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