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Why Tesla's Model 3 Rush May Signal Boom Times for Mozambique Mine

There are probably more stocks like Tesla (TSLA - Get Report) out there. Like, way out there -- in default-prone investing realms like Mozambique.

That's the conviction of Mark Vincent, an emerging-markets specialist at the $373 billion money manager Standard Life Investments (SLFPF) . He's hitched his stock picks in part to the prospect of a surge in global electric-vehicle sales; doing so helps insulate him from the macroeconomic and political woes hitting markets in such places as Brazil, Russia and China.

So while Tesla Motors CEO Elon Musk revels via

in the roughly $10 billion of pre-orders placed for the freshly unveiled Model 3, Vincent is betting on shares of Syrah Resources (SYAAF) , an Australian-traded company whose main asset is its Balama mining project in Mozambique, host of the largest graphite-ore reserves in the world. Graphite is used to make anodes for lithium-ion batteries, such as those deployed by Tesla. Syrah's shares are up 4.1% year-to-date after surging 25% in 2015, when the benchmark MSCI Emerging Markets Index...