We wanted to find [[Investments for Aluminium Exposure]] as we saw that in the next 10 years potentially demand would 14x. ![[Pasted image 20210718173555.png]] It seemed very clear that Aluminium would be a vital [[Commodities]]. It is the fundamental metal driving many directional arrows of progress actoss industries. The hypothesis was that we could find lucrative and attractive investment opportunities by deep diving into [[Aluminium]]. We also wanted to look at the holistic picture, the wider angle to realise where we could potentially best find niche [[Idea Thesis]]. ![[Pasted image 20210718180241.png]] The [[Value One Pagers]] we built post this exploration was on [[Alcoa]]