Fastmarkets: Hassan Morsy on why sovereign wealth’s $30 billion mining bet matters

Hassan Morsy, a partner and managing director at AlixPartners with deep mining and metals expertise, spoke to the Financial Times Mining Summit in London about the importance of a $30 billion sovereign capital injection in the industry over the past two years. Permitting issues plague the mining industry and the presence of sovereign funds could be one way to help address this bottleneck. “This government leverage that sovereign wealth funds may carry is going to be hugely valuable for a lot of investors,” he said. “Whether it’s major mining companies or even smaller mining companies… the permitting issues are real.”

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