Recurring series
Global X by Mirae AssetCommodities Tracker
Finvaulta tracks 3 editions of Commodities Tracker from Global X by Mirae Asset, published between May 28, 2026 and September 8, 2026. Each edition is summarized on its own page.
Latest edition · September 8, 2026
Commodities Tracker September 2026
The September 2026 Commodities Tracker highlights sharp equity outperformance across uranium, copper, and precious metal miners in August driven by operational leverage, structural contracting, and US fiscal concerns. Meanwhile, US policy grants and ex-US inventory drawdowns continue to tighten fundamentals across strategic energy-transition minerals.
In August 2026, natural-resource equities significantly outperformed their underlying commodities. Uranium long-term contract pricing hit record highs as utility replacement requirements accelerated, supporting miners like Cameco and Kazatomprom. Copper surged as potential US tariffs triggered massive stockpiling into COMEX warehouses, depleting LME inventories and boosting margins for miners such as BHP and Codelco. Gold and silver mining equities jumped over 30% following the expansion of US Treasury bond buybacks and persistent debt-sustainability worries. Finally, the battery materials sector saw lithium spot rebound by 10.7% alongside $500 million in US Department of Energy supply-chain awards, though African rare-earth developments continue to struggle with private financing.
Read the latest edition in fullKey takeaways from the latest edition
- 1.Elevated long-term uranium prices and contracting momentum from utilities replacing depleted inventories provide strong support for uranium miners and new project investments.
- 2.Copper availability outside the US is tightening as tariff expectations drive metal into COMEX warehouses, pushing copper miners' margins higher alongside Chinese infrastructure deployment.
- 3.Precious metals surged on US fiscal sustainability and debt-market liquidity concerns following the expansion of long-dated Treasury buybacks, with mining equities displaying high operational leverage.
What this series covers
- Nuclear Energy and Uranium
- Copper
- Gold and Silver
- Critical Minerals, Battery Tech and Lithium
- Charts & Graphs
- Nuclear Energy & Uranium
- Base Metals and Copper
- Gold
- Silver
- Critical Minerals, Battery Tech, and Lithium
Edition archive
Series at a glance
- Editions tracked
- 3
- First edition
- May 28, 2026
- Latest edition
- September 8, 2026