Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Nevada Copper Corp T.NCU

Alternate Symbol(s):  NEVDQ | T.NCU.WT.C

Metals & Mining Copper
Nevada Copper Corp is a Canada-based mining company. The Company is engaged in the development, operation, and exploration of its copper project (the Project) at its Pumpkin Hollow Property (the Property) in Western Nevada, United States of America. Its two fully permitted projects include the high-grade Underground Mine and processing facility, which is undergoing a restart of operations, and a large-scale open pit PFS stage project. The Property is located in northwestern Nevada and consists of approximately 24,300 acres of contiguous mineral rights including approximately 10,800 acres of owned private land and leased patented claims. Pumpkin Hollow is located approximately 8 miles southeast of the small town of Yerington, Nevada in Lyon County, one- and one-half hours drive southeast of Reno. The Company’s wholly owned subsidiary is Nevada Copper, Inc.


TSX:NCU - Post by User

Nevada Copper Corp
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(181)
•••
Post by bogfiton Mar 30, 2021 10:17am
108 Views
Post# 32905348

risk of a copper shortage in the middle of the decade

risk of a copper shortage in the middle of the decade
  • Copper demand is expected to increase as more electric vehicle manufacturers ramp up production.
  • Morgan Stanley breaks down the impact of EVs on copper supply.
  • "Our commodity team assumes an average of 20kg of copper in the average ICE light vehicle and 75kg per copper in the average BEV. Applied to our de-adoption of ICE and our adoption of BEVs in our global auto forecast suggests a growth in copper demand for light vehicles (excluding infrastructure) to approximately 3.4 million tons by 2030 vs. around 1.6 million tons today for a CAGR just shy of 8%."
  • MS notes that the global copper market is a 22M ton market for refined copper with the total market being around 28M tons which includes 6M tons of scrap in between. MS sees a risk in the middle of the decade of a copper shortage and notes a copper substitute could be more than ten years out.
Electric vehicle production to lead to higher copper demand | Seeking Alpha

b.
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities