Global copper demand is expected to increase by 70%, reaching over 50 million tonnes annually by 2050, according to BHP, a world-leading resources company. However, BHP also foresees a significant supply gap, requiring an additional 10 million tonnes of mined copper annually over the next decade.
More: https://stockhead.com.au/resources/monsters-of-rock-this-is-why-bhp-is-nuts-about-copper/
In this environment of surging demand and supply constraints, Zeus North America Mining Corp. (Ticker: ZEUS.c or ZUUZF for U.S. investors) is strategically positioned to capitalize on the opportunity.
With copper becoming a cornerstone of high-tech industries, global electrification, 5G networks, and the energy transition, ZEUS aims to contribute to closing the supply-demand gap through its Cuddy Mountain Copper Project.
Located next to Hercules Metals' (BIG.v) significant copper discovery in Idaho, the Cuddy Mountain Copper Project is situated in a region attracting major miners like Barrick and Rio Tinto, who have already staked claims nearby.
This heightened interest from big players signals strong confidence in the region’s potential for further discoveries. ZEUS is poised to benefit as a proximity play, with the company's ongoing exploration work—including soil sampling, mapping, and 3D IP surveys—setting the stage for drilling to begin next year.
With copper demand accelerating globally, ZEUS' positioning at Cuddy Mountain and its exploration efforts make it a promising player in the race to meet the world’s copper needs.
Deck: https://www.zeusminingcorp.com/_resources/presentations/corporate-presentation.pdf
Posted on behalf of Zeus North America Mining Corp.