List the following 8 ASX listed companies in order ofthe stranded asset risk you expect they are exposed to. Which combination of companies would you go long and which would you short in order to maximiseexcess risk adjusted return over the next 5 years?

To support your answer you are required to providethe following information for each company:

Major commodities mined by the company.

The proportion of revenue that comes fromthe major commodities in the company's portfolio.

Price-to-earnings ratio

Market-to-book ratio

Please note that is is not enough to simply list this information. It needs to relate to additional research you have undertaken to formulate your expectations on stranded asset risk, and your decision on the combination of assets you decide to long and short to maximise excess risk adjusted return over the next 5 years.

A good source of informationis the companies annual reports.

Table 1: List of ASX mining companies

ASX Ticker	Company Name
BHP	BHP
WHC	Whitehaven Coal
FMG	Fortesque Metals Group
WDS	Woodside Energy
LTR	Liontown Resources
SFR	Sandfire Resources
PDN	Paladin Energy
NHC	New Hope Corporation