Post by
goldennorth on Jul 13, 2022 11:37pm
Future Demand Is Strong
With the The World Bank estimating that the green energy transition needed for our healthy future will alone require roughly 1.1 trillion lb of copper over the coming 25 years, or an average of about 44 billion lb per year, which is roughly equivalent to all the copper mined around the world during 2020 or 2021.
And nickel demand used in EVs is projected to grow up to 40-fold by 2040, according to figures from the International Energy Agency. The future is looking good for Nova Royalty Corp and time will tell.