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Can I ask what would happen if this was passed? Does it allow...

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nosduh1

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03/02/23

12:06

Post #: 66052678
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Originally posted by Clark888: ↑

Copper’s fight for critical mineral status gets US political push by 6 Senators (from copper producing states)
Some of the biggest names in copper have found high-ranking US political allies to support their efforts to get copper added to a list of minerals deemed critical to the USA.

"Given the significant change in the supply risk to copper,the other critical minerals produced as by-products, and the growing importance of copper to our economic and national security, we urge you to exercise the authority given to you by statute to revisit your determination andreconsider the addition of copper to the critical minerals list, without waiting the maximum of 3 years allowed by law between revisions of the list."

See link to the letter below:
https://www.copper.org/copperiscritical.org/letters/senate-letter-to-doi_copper-as-a-critical-mineralp.pdf?__hstc=159468514.c989748f14ed284a824cc89cfaeb598f.1675360081668.1675360081668.1675360081668.1&__hssc=159468514.1.1675360081670&__hsfp=3483462447

The infographic below is from the Copper Development Association shows what makes copper critical, and why the CDA thinks it should be an officially designated Critical Mineral in the USA.

https://elements.visualcapitalist.com/why-copper-is-a-critical-mineral/

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.

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Can I ask what would happen if this was passed? Does it allow for mining companies to get permits faster?
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