GREY:NEVDQ - Post by User
Comment by
Notgnuon May 29, 2021 8:12pm
99 Views
Post# 33293355
RE:Why you absolutely will get rich with copper and lithium....
RE:Why you absolutely will get rich with copper and lithium....metalhead: This is where a lot of power will come from... but how do I get to invest in it?
Cheers,
N
metalhead666 wrote: Make no mistake about it....It doesn't matter if the math doesn't work, the earth doesn't have enough stuff or jesus christ comes back driving an electric hummer or gas guzzling SUV.....society and governments are pushing forward regardless. There is no going back even as there's no going forward either...the point is....this electrification experiment is on auto pilot now and we are going to run headlong into MASSIVE copper and lithium deficits. It means also that if you own those resources....even if the experiment ultimately fails....you are going to be naming your price. Any company that produces any amount of copper or lithium is going to get exceedingly rich and their stock prices are going to unbelievable heights.....Consider this!....AND THIS IS JUST THE UK!! This is BIG PICTURE thinking and how you simply cannot fail if you're invested in any viable copper or lithium project. You cannot possibly lose and you can get extraordinarily rich even if it all fails.
"Challenges of using 'green energy' to power electric cars: If wind farms are chosen to generate the power for the projected two billion cars at UK average usage, this requires the equivalent of a further years' worth of total global copper supply and 10 years' worth of global neodymium and dysprosium production to build the windfarms."
"To replace all UK-based vehicles today with electric vehicles, assuming they use the most resource-frugal next-generation NMC 811 batteries, would take 207,900 tonnes cobalt, 264,600 tonnes of lithium carbonate (LCE), at least 7,200 tonnes of neodymium and dysprosium, in addition to 2,362,500 tonnes copper. This represents, just under two times the total annual world cobalt production, nearly the entire world production of neodymium, three quarters the world's lithium production and at least half of the world's copper production during 2018."