Koryx Copper Inc V.KRY

Alternate Symbol(s): KRYXF

Metals & Mining Copper

Koryx Copper Inc. is a Canadian copper development company focused on advancing the 100% owned, PEA-stage Haib Copper Project in Namibia whilst also building a portfolio of copper exploration licenses in Zambia. Haib is a large and advanced copper/molybdenum porphyry deposit in southern Namibia. The Haib Copper project, Exploration and Prospecting License 3140, is held by Haib Minerals (PTY) Ltd, a Namibian corporation fully held by the Company. It holds the option to acquire up to 80% of three large scale exploration licenses in the copper belt in Zambia. The licenses include Luanshya West project (LEL 23247), Chililabombwe project (LEL 23247), and Mpongwe project (LEL 23248). The licenses cover about 752 square kilometers in the Central African Copper belt. LEL 23247 is situated in the center of the Zambian Copper belt, which forms part of the Central African Copper belt. The three licenses sits on the same side of the Copperbelt, which hosts nine large copper mines.

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Koryx Copper Inc > Copper supply.........

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Comment by CopperKing101on Feb 27, 2021 12:57pm

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Post# 32679167

RE:Copper supply.........

Any production deficit will remain in place for decades...The supply is limited as discovery has been lagging. Development time runs years on end from discovery to production....permitting....buildout...all takes years. Meanwhile, demand is here and now....

Copper use is about to turn much higher

Joe Biden wants to build 500,000 new charger stations for electric cars. This will push EV (Electric vehicle) sales higher which means much more copper will be needed.

Here's how much more copper is required to build electric vehicles.

Source: visual capitalist