Ero Copper Corp T.ERO

Alternate Symbol(s): ERO

Metals & Mining Copper

Ero Copper Corp is a Canada-based clean copper producer with operations in Brazil. The Company's primary asset is a 99.6% interest in the Brazilian copper mining company, Mineracao Caraiba S.A., 100% owner of the Caraiba Operations, which is comprised of the operations located in the Curaca Valley, Bahia State, Brazil. The Company’s operations include Caraiba Operations, Tucuma Project and Xavantina Operations. The Caraiba Operations are located in northeastern Bahia State, Brazil, approximately 385 kilometers north-northwest of the capital city of Salvador, which include the Pilar and Vermelhos underground mines and the Surubim open pit mine. The Company open pit mine, and the Boa Esperana development project (Tucuma Project), an IOCG-type copper project located in Para, Brazil. It also owns 97.6% of NX Gold S.A. (NX Gold) which owns the Xavantina Operations, an operating gold and silver mine located in Mato Grosso, Brazil and approximately 670 km east of the capital city of Cuiaba.

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Ero Copper Corp

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Post by BillyKnowsBeston Jan 18, 2021 10:27pm

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Post# 32323745

Bullish on Copper

https://anchor.fm/austin-bentz/episodes/005---The-Copper-Outlook-ep3ku0

Very bullish on Copper long term!

EV space, and increased need for electric infrastructure. EVs, Charging stations, renewable energy and battery storage

only 17% of electric energy came from renewables in 2020. Long way to go to get to 100%!! That is going to mean more copper, and more copper miners!

Rough estimates by Wood MacKenzie say we will need an additional 24M tonnes of copper per year, more than double the ucrrent production.

This will require $1.7 TRILLION in new mining investment!! Only way that could happen is if it becomes very profitable to mine copper, prices near $5 !! long way to go up!!

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