Coppers Demand Drivers & Supply Challenges The copper industry is experiencing significant demand growth driven by global decarbonization, urbanization, and renewable energy investments, with China remaining a key consumer. Supply challenges are persisting due to fewer new discoveries and investment opportunities over the past 20 years, though opportunities exist in exploring new frontiers, optimizing existing resources, and improving recyclability. Looking ahead, the industry will likely see technological advancements but no major new copper discoveries, with a strong long-term outlook driven by electrification and decarbonization trends. (Source: https://www.fastmarkets.com/insights/copper-demand-drivers-supply-challenges-and-market-outlook-with-kathleen-quirk-freeport-mcmoran/)
Libero Copper's Mocoa Copper-Molybdenum Project, located in Colombia, is one of the most significant undeveloped copper deposits in the region, containing an estimated 4.6 billion pounds of copper.
The project also includes substantial molybdenum resources, positioning Mocoa as a critical asset in meeting future copper demand driven by global electrification and decarbonization trends.
Focused on advancing exploration and development at Mocoa to capitalize on the growing demand for clean energy metals, refer to this deep dive on LBC for more information: https://www.reddit.com/r/RichTogether/comments/1f8cttz/libero_copper_lbcv_46_billion_pounds_of_copper/
Posted on Behalf of Libero Copper and Gold Corp.