BRIC demand key driver for commodities

clock

Strong commodity demand from BRIC countries is pushing the natural resources sector forwards, according to BlackRock.

Evy Hambro, manager of the BlackRock World Mining fund, highlights research from resources company BHP Billiton which estimates steady base metal consumption growth in BRIC countries to 2050. BHP Billiton predicts BRIC aluminium consumption to grow to 136% of the world’s 398% consumption; a rise from 11.6% last year. Data from resources company Rio Tinto shows China’s demand for base metals has grown significantly over the last decade. Its iron ore market share has risen from about 12% of total world demand in 1996 to 45% last year. Copper demand has risen from around 11% in 1996 to 23%...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Watch Professional Adviser's Working Lunch with Baillie Gifford - Decumulation Decisions: Resilient Monthly Income for Retirees

Watch Professional Adviser's Working Lunch with Baillie Gifford - Decumulation Decisions: Resilient Monthly Income for Retirees

Catch up on the discussion

Professional Adviser
clock 10 October 2025 • 1 min read
MPS Watchlist - Issue 4 - Out Now!

MPS Watchlist - Issue 4 - Out Now!

Professional Adviser
clock 10 October 2025 • 1 min read
Partner Insight: Finding the right partner for a managed portfolio service

Partner Insight: Finding the right partner for a managed portfolio service

Francis Clark Financial Planning set up a white-label managed portfolio service for their clients, but as the effects of COVID-19 played out and markets stagnated, they realised they needed a change. Managing Director Chris Reah explains how they found the right solution.

Chris Reah, Francis Clark Financial Planning
clock 08 October 2025 • 5 min read