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Bullboard - Stock Discussion Forum African Energy Metals Inc NDENF


Primary Symbol: V.CUCO.H

African Energy Metals Inc. is a Canada-based company. The Company is engaged in the acquisition, exploration, and development of mineral resources.

TSXV:CUCO.H - Post Discussion

African Energy Metals Inc > Copper demand forecasted to double to 50M tonnes by 2050
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Post by MarketMakerss on Mar 09, 2023 4:09pm

Copper demand forecasted to double to 50M tonnes by 2050

Given copper's key role in the energy transition, copper demand is forecasted to double to 50 million tonnes by 2050 from 2020 levels, making the sector ripe for new investment and an attractive investment for funds that use environmental, social and governance criteria.

 

African Energy Metals Inc. ($CUCO.v $NDENF) holds a significant advantage as an early mover in the Democratic Republic of Congo (DRC) with an extensive portfolio of properties rich in lithium, tin, tantalum, and rare earth metals consisting of six strategically located concessions in the southern DRC Copperbelt.

 

What sets CUCO apart is that its concessions are located adjacent to Tantalex Lithium ($TTX.c), and its land is believed to be on the same trend as the world-class Alphamin ($AFM) tin mine, which currently produces 4% of the world's mined tin.

 

https://www.reuters.com/markets/commodities/major-copper-producers-unveil-plan-reach-net-zero-emissions-by-2050-2023-03-07/

 

Posted on behalf of African Energy Metals Inc.

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