Maria’s Note: Maria Bonaventura here, Nomi’s senior managing editor. Today, we have a special evening edition of Inside Wall Street. Here’s why…
In the weeks ahead, a new bill titled S.3428 could thrust a once-classified energy tech, called “SMR,” into the commercial realm.
Nomi spoke with at least a dozen government insiders across state and party lines. And with record-low fuel reserves… And natural disasters pushing our energy grid to the brink… America is ready for “SMR.”
On Saturday, March 11 at 8 a.m. ET, at her Urgent “SMR” Energy Briefing, she’ll do a deep dive on this megatrend. And she’ll uncover a tiny $2 company at the center of it… That, for reasons that will become clear on March 11, she calls “The Next Exxon.” To find out why, just click here to instantly save your seat.
Then watch Nomi’s video update below. In it, she’ll show you why this is a global phenomenon. So, to get the full story, she hopped on a plane to Australia…
I haven’t been this excited about a trend in decades. That’s why I flew out to Australia for on-the-ground research…
Australia is the 14th largest economy in the world. It produces 19 useful minerals from over 350 mines.
During my trip, I’m meeting important contacts in the natural resources industry, like company executives and policymakers.
And what I’ve discovered so far from my conversations is that Australia is at the crosshairs of the two largest economies – and adversaries – in the world.
I’m talking about the U.S. and China. In particular, Australia is building a strong relationship with the U.S. And that’s set to unleash a powerful megatrend for years to come.
More on that in this special video update. Click here or on the image below to watch it, or scroll down to read the transcript…
Editor, Inside Wall Street with Nomi Prins
Hi, everyone. Nomi here. Greetings from the land down under.
I’m coming to you from Sydney, Australia. And as you can see, behind me is the world-famous, iconic Sydney Opera House.
It’s an intense feat of engineering and architecture. The building is made from reinforced concrete and the facades from polarized glass with steel frames. It is a striking example of how the right materials drive transformation and innovation.
I’m in Australia for on-the-ground research. And I’ve had meetings with folks here ranging from policymakers… to business leaders… to investors… to miners… to engineers.
You see, Australia is the 14th largest economy in the world. It’s one of the G20 countries, or the premier forum for international economic cooperation. But there’s something else that’s increasingly evident and important that brought me here.
This country is at a crossroads internationally. That’s because it’s rich in critical natural resources and key geoeconomic relationships.
Australia has a highly interconnected trade relationship with China. And it also holds a key strategic relationship with the United States.
That puts it directly in the crosshairs of the world’s two largest economies and adversaries. But more on that dynamic in a moment.
For the United States, this strategic position matters because the U.S. is Australia’s largest foreign investor. So when Australia wins, the U.S. wins.
And now that the Inflation Reduction Act is law in the United States, I have been confirming through my conversations here that Australian exports will see even higher demand from key U.S. companies.
Trade relations have boomed since 2005. That’s when the Australia-United States Free Trade Agreement was first established.
And that’s because Australia is a key producer of the natural resources that the U.S. needs to maintain its global position.
In total, Australia had $390 billion in exports in 2021, ranking it 21st in the world. Some of the top natural resource exports from Australia include iron ore, coal, petroleum, gold, and aluminum.
But from what I have discovered here, I believe that figure could explode in the coming months and years.
Because not only is this country positioned between the two largest economies in the world… But it’s also primed for growth as a pan-Asian economic leader.
Since being on the ground here in Australia, here’s what I’ve learned…
The country is now actively looking to diversify, strengthen, and build its strategic ties beyond China and the United States. And it’s placing greater renewed focus on Japan and Indo-Pacific nations. Especially in the mining, energy, and industrial sectors.
Australia’s relationship with Japan matters geopolitically to the United States because it can cut into China’s exports to Japan. And that can weaken China’s economy relative to the U.S. economy.
Insiders here have told me that Australia’s ability to leverage its export relationships with the United States and beyond can propel real wins for the mining and natural resource sector.
And there’s one in particular that I am super, super excited about. Because it’s going to unleash a megatrend. And I’m more excited about this particular trend than I have been about any trend in decades.
And that’s why I am urging you to please join me on Saturday, March 11 at 8 a.m. ET, where I’m going to reveal to you all the details. (Sign up with one click here.)
Happy investing, and I will talk to you soon.