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Exciting future - with the right raw materials

Once again Elon Musk is making speeches about himself, this time with a global internet service that is supposed to supply the world with internet from space.

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Elon Musk (CEO of Tesla and SpaceX) is working on his Starlink satellite Internet. 60 satellites are already in orbit and he has permission to send another 12,000 satellites. With a further 30,000, he wants to ensure worldwide Internet reception by 2030 at the latest. The idea is not new, but Musk's satellites are around 60 times closer to the earth's surface than those of their competitors.

By the way, Tesla has just announced a new delivery record for its electric cars. Electric mobility is picking up speed. The large shipping service Amazon also wants to have around 10,000 vehicles with electricity on the road by 2022. By 2030, all 100,000 will be electrically powered. Electric vehicles need more copper as raw materials than conventional vehicles and they need cobalt in their lithium-ion batteries.

Cobalt, for example, owns First Cobalt - https://www.youtube.com/watch?v=w5qwaBuKOw0ist=PLBpDlKjdv3yrDQa5PFryfr_CLtIUOQBeSndex=3=4s - with its Iron Creek cobalt project in Idaho. The Company also owns a cobalt refinery, which is the only approved primary cobalt refinery in North America. From 2021, it will process the material of third parties and produce cobalt. Work is already underway on the commissioning and expansion of the plant.

Copper is the business of Copper Mountain Mining. - https://www.youtube.com/watch?v=m7BCML1dKP0=126s - The Company holds a 75 percent interest in the Copper Mountain Mine, which produces approximately 90 million pounds of copper equivalent annually. But Copper Mountain is also looking for copper in Australia. The Eva copper project (approved and ready for development) in Queensland has recently scored with an increase in mineral resources. Measured and displayed slumber on the project about 2.1 billion pounds of copper.

 

Aktuelle Unternehmensinformationen und Pressemeldungen von First Cobalt (https://www.resource-capital.ch/de/unternehmen/first-cobalt-corp/) und Copper Mountain Mining (https://www.resource-capital.ch/de/unternehmen/copper-mountain-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 and that there is therefore a potential conflict of interest. No guarantee for the translation into German. Only the English version of these messages is valid.

Disclaimer: The information provided does not constitute any form of recommendation or advice. The risks involved in securities trading are expressly pointed out. No liability can be accepted for damages arising from the use of this blog. I would like to point out that shares and in particular warrant investments are generally associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. For the correctness of all contents however no guarantee is taken over. Despite the greatest care, I expressly reserve the right to make an error, particularly with regard to figures and prices. The information contained herein has been obtained from sources believed to be reliable, but does not claim to be accurate or complete. Due to judicial judgements the contents of linked external sides are to be answered for also (so among other things regional court Hamburg, in the judgement of 12.05.1998 - 312 O 85/98), as long as no express dissociation from these takes place. Despite careful content control, I do not assume any liability for the content of linked external sites. The respective operators are solely responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/de/disclaimer-agb/

 

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Swiss Resource Capital AG will use the information you provide in this form to keep in touch with you and to provide you with updates and marketing information. To receive our news, you still have to give us permission to send you E-Mails below.

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