Moving to electrification no matter what power source, nuclear or renewables means more needs for copper esp the need to change all the transmission wires.
Taking note from Robert Friedland's recent talk on the demand for copper, investing in companies like HCH and CYM are no brainers..
People talk about Chernobyl and Fukushima or Three Mile Island, all these happened ages ago on old nuclear power plant tech.. Fukushima is external because you asking for it to build a nuclear plant on the Pacific Ring of Fire..
For us in Australia, we have such a big land mass and many areas not prone to natural disasters and earthquakes and nowadays with newer safer technology of micro nuclear plants... we should be using nuclear power and our electricity costs should be 0.1c a kwh. cheap local power will drive local production. As usual, politics comes between common sense..and dumb asses prefer to make the common folks pay more than necessary..
Anyway, I digress... Let's hope rotational play and market diverts from lithium to other minerals like copper and nickel..
Have a good weekend..
Moving to electrification no matter what power source, nuclear...
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Last
$1.30 |
Change
0.075(6.12%) |
Mkt cap ! $155.2M | |||
| Open | High | Low | Value | Volume |
| $1.24 | $1.31 | $1.24 | $485.8K | 378.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.30 | 4084 | 1 |
View Market Depth
| Last trade - 16.10pm 29/04/2024 (20 minute delay) ? |
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Last
$1.31 |
Change
0.075 ( 6.94 %) |
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| Open | High | Low | Volume | ||
| $1.25 | $1.31 | $1.25 | 47096 | ||
| Last updated 15.59pm 29/04/2024 ? | |||||
| HCH (ASX) Chart |