REASONS TO OWN SHARES IN NORTHERN DYNASTY MINERALS PART 1.As we all know this company has Proven Reserves of COPPER running into the BILLIONS OF POUNDS.
Our friend from Glencore has this to say about COPPER
Glencore CEO says Electric Cars will Boost Copper Demand
Electric cars use three to four times more copper wiring than standard internal combustion engines.
The electric car revolution has market participants focused on lithium, cobalt and graphite, all of which are key components of lithium-ion batteries. But how much will increasing demand for electric vehicles (EVs) impact copper prices?
According to Ivan Glasenberg, CEO of Glencore (LSE:GLEN), the world’s third-largest producer of copper, the rise of EVs will significantly boost demand for lithium, as well as other metals like copper, in the coming decades.
Why? EVs require more copper wiring than standard internal combustion engines. In fact, while conventional cars typically contain about 20 kilograms of copper, for EVs the copper load is about three to four times that amount.
And according to Glasenberg, copper demand from the EV sector could increase soon. He told investors at an industry conference in Barcelona on Tuesday (May 15) that “the electric vehicle revolution is happening and its impact is likely to be felt faster than expected.”
6.44 billion tonnes of measured and indicated resources grading 0.40% copper KEEP IN MIND THESE NUMBERS ,BECAUSE THIS IS WHAT LIES BENEATH THE NORTHERN DYNASTY'S EXPLORED SURFACE
The rest of the article may be found here....
https://investingnews.com/daily/resource-investing/base-metals-investing/copper-investing/glencore-ceo-electric-cars-copper-demand/
The worlds leading forecaster Gerald Celente also predicts an extremely bright future for the electric car...He does his home work well so should you DYODD
In Part 2 we will look at another aspect of WHY YOU SHOULD BE owning shares in Northern Dynasty Minerals