Litinsky: Glencore and Vale could match market caps in 3-year cash flow
James Litinsky · #AIS: MP Materials CEO James Litinsky on rare earths, supply chain, and energy independence · May 31, 2022 · at 14:24
James Litinsky, CEO of MP Materials, highlights valuation disconnects between commodity producers and auto OEMs.
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“So, so actually the nickel industry is dominated by essentially Glencore and Valle. Those two businesses, and I'm not, you know, I'm not pitching stocks, but as an investor, you know, we'll see what the next panel, those two businesses right now at today's commodities prices are essentially going to free cash flow themselves out in three years.”
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