Nevada Copper Corp NEVDQ

RE:Friedland / Snowdon / Currie / World Bank

[Notgnu]

my69z wrote: The World Bank estimates that the green energy transition alone will require roughly 1.1 trillion lb of copper over the coming 25 years, or an average of about 44 billion lb per year, which is roughly equivalent to all the copper mined around the world during 2020.
Renewable revolution energizes copper - North of 60 Mining News (miningnewsnorth.com)

Yup... roughly 3.5% additional production per year, posted against 10 years of under investment, declining copper grades, increased environmental challenges with regard to mining and inflation in the cost to build new mines things are stacking up pretty well for copper.


Also, being that small deficits (the tail) can very easily move an inelastic price (the dog) we could see some preety good price spikes coming and being sustained.

N.