Energy Metal Industry with an Impressive Outlook for 2023 Africa holds a significant amount of untouched resource potential. And with a significant transition towards energy metals, Africa may hold the key to satisfying a lot of the exponentially increasing demand in the energy metal industry as EVs and new portable technology continue to take over the world. CUCO is ready to take advantage of the growth with their properties and focus on exploring the DRC energy metal mining industry.
With multiple wholly owned concessions in proximity to several extremely large discoveries, CUCO has a ton of discovery potential, especially when considering that they have a new 200 sqkm option to acquire a polymetallic property in the South Kivu region.
- High prospectively for tin, tungsten, coltan, lithium, beryllium, gold, and rare earths.
- Located in the same district as the Aphamin tin mine (the world’s highest-grade tin mine).
- They’re taking over AuClair’s interest in a JV with Amur making the overall deal to be a 60/40 JV on the project.
As the commodity outlook begins to improve, especially with China attempting to eliminate the majority of their COVID restrictions, there is no doubt in my mind that CUCO will be able to capitalize on the price growth considering that they’re in the energy metal industry. As governments and companies begin to push for the renewable transition, the ones who will really benefit are the ones who provide the raw materials for growth.
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