And if the copperstring 2.0 Transmission line goes ahead and CPM find economical quantities the whole area will come alive.
Heard Mount Isa is paying a lot more for electricity compared to townsville prices.
If I recall read somewhere Glencore smelter at mt Isa is paying nearly double Townsville prices.
Now Copperstring2.0 Building approx a $1.7-2.5 Billion transmission line from Townsville to Mount Isa .
“Copper string project - State development , infrastructure”
Just swipe above and google search gets you to the QLD government page project overview.
So from the Qld site if that revised EIS goes through soon they can’t be far away from starting to build the Trans line after all this time, as it is stating there is a finish date of 2024. Probably closer to mid end 2025 after a delayed start originally being end 2021.
Commercial electricity prices would drop a lot.
Obviously that would open a lot of opportunities as well as attract new mining exploration
Also Planned or existing Solar/wind farms on route could plug into the grid as well.
Another article
“Copperstring 2.0 promises $60 billion in new investment – and that’s just in energy”
Plenty of You tube videos as well
“Member Spotlight - Copperstring 2.0”
And
‘Copperstring 2.0 ECI Update Full”
Not investment advice, do your own research and consult a licensed adviser
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