Abit of Friday research for you guys.
The more advanced the EV vehicle echnology becomes, the more copper is required. Internal combustion engines typically use 23 kg of copper,
while hybrid electric vehicles (HEVs) use 40 kg of copper, plug-in hybrid electric vehicles (PHEVs) use 60 kg of copper, and battery electric vehicles (BEVs) use 83 kg of copper. Nearly 4 times as much copper then a standard internal combustion vehicle.
then we look at all the copper needed for solar wind power the the motors the wiring the battery storage for solar set ups. Safe to safe copper demand isn't going anywhere for decades and prices are only going to go up. We could be cashing in at the perfect time.
so over the next 20+ years we could be sitting on a motherload and have a cash cow paying dividends for many years to come.
happy Friday Hammers
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