In terms of copper demand, according to most experts, the signs are pointing to growth.
The industrial metal copper is in demand as never before. The climate change requires more copper, as does the increasing electrification of road traffic. Wind and solar energy are being expanded and therefore also increasingly consume the reddish metal. According to estimates, these sectors should consume an additional three million tons of copper annually by 2030. Global copper demand also increased from 2011 to 2020.
If you add the reduced investments by mining companies and the fact that copper cannot be practically exchanged for other raw materials, the copper price should continue to show strength. In 2020, the world needed about 25 million tonnes of copper. About 20 million tonnes of copper came from the mines. In addition, there is recycled copper. So, recycling should also become more important in the coming years. By the way, copper is not only an important material for the circular economy. Copper that is recycled enables the recycling of various other materials. Thus, recycling copper - it is more or less a carrier metal - is Europe's most important way of preserving critical and valuable metals. More than 20 metals can be filtered out in the process. Because copper is an important component of renewable energies and electromobility, McKinsey forecasts a possible increase in copper demand of 43 percent by 2035 compared to today.
Copper in the projects have, for example, Aztec Minerals or Adventus Mining.
Aztec Minerals - https://www.youtube.com/watch?v=4iftwdjuCAU - owns the Cervantes project in Mexico, which contains gold, copper and silver. In addition, the company is working on the Tombstone project in Arizona (gold and silver), drilling is ongoing.
Adventus Mining - https://www.youtube.com/watch?v=5KJPuGZNR0s - is working on gold and copper in Ecuador in addition to other exploration projects. The focus is on the El Domo project and the Curipamba district.
Current corporate information and press releases from Adventus Mining (- https://www.resource-capital.ch/en/companies/adventus-mining-corp/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/
The industrial metal copper is in demand as never before. The climate change requires more copper, as does the increasing electrification of road traffic. Wind and solar energy are being expanded and therefore also increasingly consume the reddish metal. According to estimates, these sectors should consume an additional three million tons of copper annually by 2030. Global copper demand also increased from 2011 to 2020.
If you add the reduced investments by mining companies and the fact that copper cannot be practically exchanged for other raw materials, the copper price should continue to show strength. In 2020, the world needed about 25 million tonnes of copper. About 20 million tonnes of copper came from the mines. In addition, there is recycled copper. So, recycling should also become more important in the coming years. By the way, copper is not only an important material for the circular economy. Copper that is recycled enables the recycling of various other materials. Thus, recycling copper - it is more or less a carrier metal - is Europe's most important way of preserving critical and valuable metals. More than 20 metals can be filtered out in the process. Because copper is an important component of renewable energies and electromobility, McKinsey forecasts a possible increase in copper demand of 43 percent by 2035 compared to today.
Copper in the projects have, for example, Aztec Minerals or Adventus Mining.
Aztec Minerals - https://www.youtube.com/watch?v=4iftwdjuCAU - owns the Cervantes project in Mexico, which contains gold, copper and silver. In addition, the company is working on the Tombstone project in Arizona (gold and silver), drilling is ongoing.
Adventus Mining - https://www.youtube.com/watch?v=5KJPuGZNR0s - is working on gold and copper in Ecuador in addition to other exploration projects. The focus is on the El Domo project and the Curipamba district.
Current corporate information and press releases from Adventus Mining (- https://www.resource-capital.ch/en/companies/adventus-mining-corp/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/
