Infrastructure projects and mass electrification devour raw materials
Large infrastructure projects will consume enormous quantities of copper. China has already announced its intention to become active in this field. Even Donald Trump, who recently met with leaders of the Democratic Congress, gave his okay for a two trillion dollar infrastructure program.
Roads, motorways, bridges, railways and waterways in the USA are to be brought up to date. And that is also urgently necessary, since many things are in maraudous condition. The Internet is also to be expanded, and new power lines will ensure the distribution of clean electricity.
The same is happening in India. Narendra Modi, India's Prime Minister, wants to give the infrastructure a leap forward with 1.44 trillion US dollars. The infrastructure and economic and social development of a country are closely linked. Large seaports and much of the Indian rail network and road network date back to the colonial period.
All this should lead to a strong rise in copper demand. This is because the increasing number of electric cars and the use of renewable energy also require more copper. Copper producers such as Copper Mountain Mining, for example, should not lack buyers for their production.
Copper Mountain Mining - http://www.commodity-tv.net/c/search_adv/?v=298887 - has a 75 percent stake in the production of the Copper Mountain Mine in British Columbia. About 116 million pounds of copper equivalent on average are produced there every year. Mine life is estimated at 26 years.
Aurania Resources - http://www.commodity-tv.net/c/search_adv/?v=299154, although not yet a producer, but owner of an extremely interesting project (Lost Cities Cutucu Project, Ecuador), could also be among the beneficiaries of a copper deficit. Both copper and silver are included in Aurania Resources' project, which is located in a prospective mineral belt (Cordillera del Condor) where companies have already discovered.
Current company information and press releases from Aurania Resources (https://www.resource-capital.ch/en/companies/aurania-resources-ltd/) and Copper Mountain Mining (https://www.resource-capital.ch/en/companies/copper-mountain-mining-corp/).
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