Michael Berry
Ph.D
Aluminium
Major Uses: domestic consumption, transportation, building, electrical
Import Dependency for U.S.: 38%
Major Importers: Canada, Russia, China, Mexico
Promoting the development of American mineral resources.
Michael Berry was born in Colombia, raised in Canada and has now lived in the US
for many years. After earning a Ph.D. from Arizona State University (specializing
in investment finance), he was a professor at the Colgate Darden Graduate School of
Business Administration at the University of Virginia. He followed winning the Wheat
First Endowed Chair at James Madison University in Harrisonburg, Virginia.
Over time his career evolved into managing small and mid cap value portfolios for
Kemper Scudder and Milwaukee based Heartland Advisors.
During the past 8 years he has been a guest lecturer at the Federal Reserve twice each
year and in 2010 he testified to U.S. Congress on natural resource policy, specifically
strategic mineral supply chain development.
Currently he publishes Morning Notes by Michael A. Berry, Ph.D. The Notes discuss
geopolitical, technological and economic trends and their effect on capital markets.
In addition, he identifies investing opportunities in the area of natural resources, high
technology and biotech using the Discovery Investing discipline he developed.
He may be contacted at info@discoveryinvesting.com or you may register to receive the
complimentary Morning Notes at www.discoveryinvesting.com
METALS & MINERALS 101
Left
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Iron
Major Uses: construction, transportation (predominantly automotive), cans and containers
Import Dependency for U.S.: 7%
Major Importers: Canada, European Union, China, Mexico -
Cobalt
Major Uses: aircraft gas turbine engines, cemented carbides for cutting, wear-resistant applications
Import Dependency for U.S.: 81%
Major Importers: Norway, Russia, China, Canada -
Copper
Major Uses: building construction, electric and electronic products, and transportation equipment
Import Dependency for U.S.: 30%
Major Importers: Chile, Canada, Peru, Mexico -
Palladium
Major Uses: catalysts to decrease harmful emissions in light- and heavy-duty vehicles, also used in chemical and petroleum refining sector, and fabrication of laboratory equipment
Import Dependency for U.S.: 94%
Major Importers: South Africa, Germany, United Kingdom, Canada -
Silver
Major Uses: coins and medals, industrial applications, jewelry and silverware, and photography
Import Dependency for U.S.: 65%
Major Importers: Mexico, Canada, Peru, Chile -
Tantalum
Major Uses: automotive electronics, pagers, personal computers, and portable telephones
Import Dependency for U.S.: 100%
Major Importers: Australia, China, Kazakhstan, Germany -
Rhenium
Major Uses: petroleum-reforming catalysts, superalloys used in turbine engine components
Import Dependency for U.S.: 86%
Major Importers: Chile, Netherlands -
Platinum
Major Uses: catalysts to decrease harmful emissions in light- and heavy-duty vehicles, also used in chemical and petroleum refining sector, and fabrication of laboratory equipment
Import Dependency for U.S.: 94%
Major Importers: South Africa, Germany, United Kingdom, Canada -
Gold
Major Uses: Jewelry and arts, electrical and electronics, dental and other
Import Dependency for U.S.: 33%
Major Importers: Canada, Mexico, Peru, Chile
