MDI → $36.00 by Mar 10, 2026.

Major Drilling is a high leverage play on the potential new exploration supercycle, as the West seeks independence from China in critical minerals and rare earth elements. Demand for metals like copper, nickel, lithium, silver, and rare earths is rising due to military technology, AI infrastructure, robotics, and electrification. Strong gold and silver prices further support exploration budgets. This is expected to drive junior and senior mining companies to drill extensively. Major Drilling benefits as a global market leader with …