That 70’s Show: Commodities and the Global Mining Sector in a De-Globalizing World

28 Apr 2022

Mr. Patrick Bennett, Mr Neil Dhar

Mr. Richy Xie,
Mr. Tarun Dhingra

** To view the recording please click on “Download Presentation” button from below. **

Inflation, rising interest rates, geo-political conflict, price shocks – it is starting to feel like a re-run of the 1970’s! How did we get here and where are we going? What’s in store for the global economy, commodity prices and the mining industry?  Are major trends such as energy transition and localization of supply chains going to result in a repeat of the 1970’s when market dislocation and inflation turned the world economy and markets on their head?  Who wins and loses in this scenario, what commodities benefit and how does the mining sector adjust to a world less focused on global supply chains and more focused on security of supply?  Please join us for the Asia Mining Club’s first event of 2022 on April 28th for a dynamic discussion on the current global economic environment and the implications for the commodity and mining sector. Our panel includes some of the leading experts and participants in the economic, commodity and mining world in Asia: Patrick Bennett – Head of Asia Macro Strategy, CIBC; Neil Dhar – President & CEO, CITIC Commodities; Richy Xie – Head of Asia Metals & Mining Banking, Standard Chartered; and Tarun Dhingra — Head of Commodities, Morgan Stanley Asia Pacific.  This a virtual online event and there is no charge – please click on the link below to register.

To Join this Online Event:
This event is free-of-charge.  Simply click on “Book Now” button and register.  An online link to the event with login details will be sent to you prior to the event.  For queries, please contact Club Secretary at secretary@asiaminingclub.org or +852-9191-0630.

Date     28 April 2022 (Thursday)
Time    12:00pm HK time
Price:   Free-of-charge

Date - 28 Apr 2022 (Thursday)
Time - 12:00pm HKT
Venue - Online Zoom Event
Price - Free-of-charge

 

Speaker Profile

Mr. Patrick Bennett

Mr. Bennett joined CIBC in 2011 as Head of FX Strategy – Asia with our Macro Strategy group.

He has over 20 years of experience in FX and markets strategy and has spent more than 15 years in Asia in both Singapore and Hong Kong, previously holding positions at several large European banks. At CIBC he covers Asia-Pacific currencies and contributes to research on rates and markets.

Mr. Bennett plays a key role in CIBC’s efforts to deliver innovative research and tactical trade ideas which are integral to building strong client relationships and growing our core businesses.

Mr. Neil Dhar

Neil has worked in commodities and commodity trading for 35+ years, lived in North America, Europe, and Asia, working across a range of products as diverse as coffee, power, gas, emissions, metals, manganese, chrome, steel, iron ore, shipping, and coal, and remains passionate about delivering best in class physical commodity services to global suppliers and customers alike. In 2018, Neil founded and remains President and Executive Director of CITIC Commodities Pte Ltd, a wholly owned subsidiary of CITIC Metals Group, a leading global mining investment and trading company headquartered in China. Working with CITIC gives Neil unique relationships and insights into China, which remains significant to many global commodities markets

Mr. Richy Xie

Richy Xie is Managing Director and Head of North Asia & Greater China on Metals & Mining at Standard Chartered Bank (Hong Kong).

He has over 20 years of M&A experiences especially in managing sizeable deals for some leading mining enterprises including sale of Rossing uranium mine to CNUC for Rio Tinto in 2018, sale of MMG’s Sepon copper and gold mine in Laos to Chifeng Gold in 2018, China Gold acquiring Eldorado’s Jinfeng gold mine in 2016, Zijin acquiring 50% of Porgera gold mine in PNG from Barrick in 2015, Minmetals consortium buying Las Bambas in Peru from Glencore in 2014, Yancoal Australia merging with Gloucestor Coal in Australia and China Moly acquiring Northparke copper mine in Australia from Rio Tinto in 2013.

Prior to joining Standard Chartered, Richy served at Citi, HSBC, Alcoa, Rothschild and Macquarie. He has a Bachelor Degree from East China University of Science and Technology.

Mr. Tarun Dhingra

Tarun Dhingra is an experienced commodities professional and banker with 17 years of experience in the industry. At present he is responsible for Morgan Stanley’s Asia Commodity Sales across all products. In the past he spent 15 years at Standard Chartered Bank, where he helped to build out a successful commodities business across products, with his last posting there being Global Co Head of Commodities Sales.

Tarun is actively involved in the commodities industry, he maintains a keen interest in industry across the value chain speaking with producers, refiners, traders, banks and end users.

Tarun earned an MBA from Faculty of Management Studies, Delhi University graduating in 2005.