Copper smelters are eyeing more output cuts Copper smelters are eyeing more output cuts as raw material supply continues to tighten: https://www.mining.com/web/china-copper-smelters-eye-more-output-cuts-as-raw-material-supply-tightens/
As the push for energy transition and electrification has exponentially increased the amount of copper demanded, with 1.4 billion tonnes required to reach net zero by 2050, the industry is facing a major supply deficit, opening up a significant opportunity for miners.
However, Idaho has emerged as a high potential copper district following Hercules Silver's (BIG) latest copper porphyry discovery. Following a staking rush involving major players like Barrick Gold and Rio Tinto, NevGold additionally has sampled gold and copper along a 4km strike in the area.
Located adjacent to BIG's discovery, junior miner, Zeus North America Mining (ZEUS.c), additionally holds significant growth potential in this emerging copper district. Zeus' Cuddy Mountain Property, encircled by BIG's claims, shares the same major geological structure and exhibits numerous geological similarities.
For more details, refer to this deep dive: https://www.reddit.com/r/smallstreetbets/comments/1dlgdiv/zeus_north_america_mining_corp_zeusc_prepares_for/
Posted on Behalf of Zeus North American Mining Corp.