Ann: Alpaca Hill Drilling Update and Frontier Reconnaissance, page-27

That's my point. The previous poster claimed electrification of cars would require more copper than has ever been mined, but it's closer to only 3 to 4 years of current global production at this point in time (less than 10% of all copper produced to date) and that is if the 1.2 billion odd cars that currently exist globally were all replaced with electric vehicles. And proven global copper reserves yet to be mined are currently around 4 times the amount that has been mined to date. As such, whilst any significant increase in copper demand would be expected to initially lead to a surge in price the supply side will then increase in response to the higher copper price. We are certainly not going to run our of copper any time soon, it's just a question of how quickly and at what increased price additional reserves can be brought to market.