Copper is essential
The USA has also recognized that the energy infrastructure is important. More than 100 billion U.S. dollars are invested annually in intelligent energy infrastructure, because the power grid should be secure. What happens when the power supply no longer works was seen in 2015, when Russia launched a cyberattack on Ukraine and cut off power to around 225,000 people for hours. Another attack occurred in 2016, and in 2017, Russian hackers targeted Saudi Arabia, shutting down security systems used to prevent explosions at a petrochemical plant. The threat to the power grid is a serious matter. That's why U.S. President Joe Biden is also pushing to modernize the power grid. Thousands of kilometers of new transmission lines are to be built. They are also to withstand possible cyber attacks.
Copper is also a sought-after raw material for wind and solar energy. And more and more small local solar and wind systems are taking over the world. They can supply universities, the military or hospitals with electricity. These so-called microgrids can operate independently of the national power grid because they are self-contained smart power grids. Local power generators, energy storage systems and power consumers are directly connected. This is just one example of how copper is paving the way to the future. In addition to gold, Aurania Resources and Aztec Minerals have copper in their projects.
Aurania Resources - https://www.youtube.com/watch?v=vNLG9b_yZLU - is active in Ecuador, particularly on its The Lost Cities Cutucu project, with partnerships and joint ventures also in place.
Aztec Minerals - https://www.youtube.com/watch?v=tjshm6V9WJo - has interests in the Cervantes porphyry gold-copper project in Mexico and in the historic Tombstone Silver District in Arizona.
Current corporate information and press releases from Aurania Resources (https://www.resource-capital.ch/en/companies/aurania-resources-ltd/).
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