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Ivanhoe Mines Ltd T.IVN

Alternate Symbol(s):  IVPAF

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.


TSX:IVN - Post by User

Comment by Drksideofmoonon Mar 26, 2023 1:22pm
129 Views
Post# 35361312

RE:RE:RE:RE:Copper price expected surge to record high this year

RE:RE:RE:RE:Copper price expected surge to record high this year

Many workers these days can't be bothered to do everything "right". Even when done "right" the risk of fire is still higher than with copper. 

Add in the push to ban gas stoves and the additional resulting load on wiring for the increased capacity needs you have additional heat generated on aluminum lines, raising the risk of fire. 

Then charging EV's. That's quite a lot of aluminum to replace copper and would result in price increases for both metals along with the eventual move back to copper.

We have already seen it happen the last time it was tried in residential wiring, when homes were using oil heat and natural gas, without consideration of EV's. 

Can you see the move to Electric only for home heat coming? When little Suzy plugs in those space heaters to the aluminum wired outlet how long will it be until the lines are overheated, causing damage and leading to a fire? 

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