[MEDIA] Extract from article: Will there be enough copper for...

Extract from article:
Will there be enough copper for future electrification needs, globally? And remember, in addition to electrification, copper will still be required for all the standard uses, including copper wiring used in construction and telecommunications, copper piping, and copper needed for the core components of airplanes, trains, cars, trucks and boats.

The short answer is no, not without a massive acceleration of copper production, and exploration, worldwide.

Unlike the previous super-cycle, which depended on China, the next structural bull market will be driven by spending on green energy, for which copper is a key ingredient.

To avoid ecological catastrophe, we must reduce our reliance on fossil fuels, clean up our environment, embrace renewable energies, and continue down the path of electrifying the global transportation system.

Bottom line? We need to find a lot more copper.


Cheers

These are only my thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.