BlackRock says buy metals companies if you care about the climate

Investors are missing a big opportunity to profit from the energy transition because they have an outdated view of the metals and mining industry, according to one of the sector’s most influential investors.

“Our view from speaking to our clients and investors at large is that the opportunity within this space has been massively overlooked,” Evy Hambro, global head of thematic and sector investing at BlackRock, said in an interview. “If you’re focused on sustainability, if you’re focused on the energy transition, don’t overlook this area. There’s a huge value opportunity.”