Ivanhoe Mines Ltd T.IVN

RE:Hertz Getting Rid of Its EVs

[twogood101]

AlwaysLong683 posted : Car Rental Giant Hertz Dumps EVs in U.S. In Favor of Gasoline Engines

Is this the best you can do ?

LETS  SEE :

- Demand for critical raw materials is set to jump as nations mandate clean energy and transport while clambering to develop their own supply chains. 

- On the supply side, output in top producer Chile has plateaued as ore quality deteriorates.

- There will absolutely be no energy transition to 'net-zero' without a transformational increase in the amount of primary copper produced by the mining industry.

- Kamoa-Kakula is proof that the Democratic Republic of the Congo will be the future of low-carbon copper production, with its unique high-grade mineral endowment, exceptional hydropower potential, and rapidly improving infrastructure.

- By 2030, 20 million EV charging points will need 250% more copper. By 2040 passenger EVs will require 3.7 million tonnes more copper per year.

-  Large copper mines in Latin America are aging and declining in grade, requiring increasing amounts of fossil-fuel-derived energy to process ever-increasing tonnages to keep up with historical production. They’re very low grade, and they produce a lot of global warming gas.

- Humanity has mined about 700 million tonnes of copper to date. The problem is the need to mine that same amount in the next 22 years to keep up with the deepening green energy transition.