RankiaPro interviews Benjamin Louvet from Ofi Invest: ‘metals are the new oil’

In recent years, the energy transition has accelerated the demand for strategic metals, making them key to the development of low-carbon technologies. Silver, aluminium and copper, among others, play a crucial role in the production of solar panels, wind turbines and electric mobility, leading to a significant impact on commodity markets. However, the growing demand for these metals brings challenges in terms of sustainability, technological innovation and price volatility, making the commodities sector particularly dynamic and complex, and even more so now that Donald Trump is back in the White House.

To explore these issues, we have the pleasure of interviewing Benjamin Louvet, Head of Commodities at Ofi Invest, one of the leading experts in the commodities sector.

In this conversation we will analyse the influence of the energy transition on metals markets, the outlook for 2025, the most effective investment strategies and the delicate balance between growing demand and environmental impacts. In addition, we will discuss the possible consequences of Donald Trump's policies on the sector and the future of metals as a new source of strategic value for the global economy.

Don't miss this exclusive interview to find out why, according to Benjamin Louvet, ‘metals are the new oil’ and what their role will be in the energy transformation of the 21st century.

• 00:19 - How is the energy transition affecting the metals market?
• 02:09 - In 2024, silver recorded one of the best performances among all commodities. What are your predictions for this metal in 2025?
• 04:13 - A lesser-known metal, but one that plays a key role in the energy transition, is aluminium. What are the main applications of this metal in the energy transition?
• 06:44 - Another ‘winning’ market in the energy transition is copper: according to the International Energy Agency (IEA), its market grew by 50% between 2017 and 2022. What characteristics of this material have facilitated this growth?
• 13:04 - How can investors gain exposure to these materials within their portfolios?
• 16:08 - How can the need to increase production be balanced with the increasing focus on environmental impacts?
• 20:31 - Do you think Donald Trump's policies, such as increasing fossil fuel extraction or withdrawing subsidies for electric vehicles, will affect the market for these metals?
• 24:26 - You have stated many times that ‘metals are the new oil’. Do you believe that the replacement of fossil fuels with low-carbon technologies will be completed in this century?