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Bullboard - Stock Discussion Forum US Copper Corp V.USCU

Alternate Symbol(s):  USCUF

US Copper Corp. is a Canada-based exploration stage company. The Company has interests in exploration properties in Ontario, Canada and, through wholly owned subsidiaries, has interests in exploration properties in Nevada and California, United States. It controls approximately 13 square miles of patented and unpatented federal mining claims in the Light’s Creek Copper District in Plumas County... see more

TSXV:USCU - Post Discussion

US Copper Corp > To go electric, America needs more mines. Can it build them?
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Post by WildlyBullish on Oct 19, 2021 4:32pm

To go electric, America needs more mines. Can it build them?

DIGGING NEEDED

Demand for metals used in EV batteries is expected to rise sharply as automakers including Tesla Inc, BMW and General Motors plan major expansions of EV production. California, the biggest U.S. vehicle market, aims to entirely ban fossil fuel-powered engines by 2035.

Slideshow ( 4 images )

Biden has promised to convert the entire U.S. government fleet - about 640,000 vehicles - to EVs. That plan alone could require a 12-fold increase in U.S. lithium production by 2030, according to Benchmark Minerals Intelligence, as well as increases in output of domestic copper, nickel and cobalt. Federal land is teeming with many of these EV metals, according to the U.S. Geological Survey.
https://www.reuters.com/article/us-usa-mining-insight-idUSKCN2AT39Z

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