Ivanhoe Mines Ltd T.IVN

Alternate Symbol(s): IVPAF

Metals & Mining Copper

Ivanhoe Mines Ltd. is a Canada-based mining, development, and exploration company. The Company is focused on the mining, development and exploration of minerals and precious metals from its property interests located primarily in Africa. Its projects include The Kamoa-Kakula Copper Complex, The Kipushi Project, The Platreef Project., and The Western Foreland Exploration Project. The Kamoa-Kakula Copper Complex project stratiform copper deposit with adjacent prospective exploration areas within the Central African Copperbelt, approximately 25 kilometers (km) west of the town of Kolwezi and about 270 km west of the provincial capital of Lubumbashi. The Kipushi mine is adjacent to the town of Kipushi in the Democratic Republic of the Congo (DRC) approximately 30 km southwest of the provincial capital of Lubumbashi. The 21 licenses in the Western Foreland cover a combined area of 1,808 square kilometers to the north, south and west of the Kamoa-Kakula Copper Complex.

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Ivanhoe Mines Ltd > Cu shortage

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Post by chintzyon Jul 19, 2022 5:17pm

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Post# 34835594

Cu shortage

Article reporting enormous Cu supply deficit set-up for 2030s and that insufficient supply will impede decarbonization.

https://www.cnbc.com/2022/07/14/copper-is-key-to-electric-vehicles-wind-and-solar-power-were-short-supply.html?utm_term=Autofeed&utm_medium=Social&utm_content=Main&utm_source=Twitter#Echobox=1657822353

And from back in Jan. US refuses permitting for Cu/Ni mine in MN.

https://www.reuters.com/business/sustainable-business/biden-administration-kills-antofagastas-minnesota-copper-project-2022-01-26/

Add that to Pebble, Resolution and who knows what other potential Cu mines that can't get through ESG screening in the US, guaranteeing and aggravating future supply deficits. Not sure why RF would want to explore in the US knowing that a discovery is followed by a minimum 2 decades of litigation before the final refusal.

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