Tomasz Nadrowski is a portfolio manager at the Amvest Terraden Critical Minerals Fund. He was a former Director at the World Economic Forum and Vice President of Business Development at AngloGold Ashanti, then the world's largest gold producer. Tomasz has spent over fifteen years managing commodity and mining equity portfolios for hedge funds and family offices across the U.S., Europe, and Asia.
He is fluent in seven languages and a regular contributor to Oxford Analytica. He combines deep industry knowledge with a strategic understanding of how resources, markets, and power intersect in today's shifting geopolitical landscape. He is also the host of the podcast Tyranny Today. In this podcast, we discuss:
- Geopolitics vs. the Commodity Cycle
- China's VAT Rebate and Value-Added Strategy
- Critical Choke Points: Rare Earths, Graphite, and Gallium
- Regulatory Roadblocks and the Stigma of "Dirty" Mining
- The Abdication of Western Capital Markets
- Human Capital Gaps and the "Octogenarian Engineer" Problem
- Geoeconomic Pricing: Disincentivising New Capacity
- From "Just-in-Time" to "Just-in-Case" Production
- Japan's "House of Brick" Model for Resilience
- The Mineral War and the "Soul" of AI
- A Shift Toward Oligopolistic Competition
