Thursday, August 11, 2022

China gobbling up copper in new expansion

Are We Headed for a Massive Copper Supercycle?                              

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China's Copper Domination Must End! Here's How…

Copper – not lithium – is emerging as the key to the transition to green energy. For instance, up to 10 TIMES more copper is needed to build one new electric vehicle (EV) than a gas-powered one.

And with 100 million EVs predicted to hit the streets by 2025 – up from 10 million in 2020 -- copper is facing critical shortages.

Yet China is gobbling up 54% of the world's copper.

The U.S and Canada lag far behind at 9% combined.

The bottom line is: China dominates as a copper consumer – gobbling up copper mines in Africa, Latin America, the Caribbean, South America, and Europe. Forbes calls China "the 800-pound gorilla" when it comes to copper grabs.

But strangely, China – for now – is ignoring one copper-rich area.

Discover This Overlooked Copper Sweet Spot That Could Meet the U.S.'s Future Copper Needs… and How to Possibly Benefit


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