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Raw materials in cars

There are millions of vehicles on the EU's roads and a lot of raw materials such as copper, gold, silver, platinum, cobalt and rare earths are on their way.

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And where do these raw materials end up? At the junkyard. Some see it as a great waste. Because recycling is not given too much attention in the case of electronic scrap and the scrapping of vehicles. In our highly technological world, we cannot do without these raw materials and technologies, which are increasingly finding their way into our daily lives.

An investigation at the Technical University Chalmers in Gothenburg found out that the roads are full of rolling raw material treasure chests. Lightweight components, catalytic converters and electronic components are increasingly being used.

New technologies are also being used in the mining industry, which extracts the necessary raw materials from the ground. For example, trucks with capacities of several hundred tons, which can already work autonomously.

A lot of copper remains unused during scrapping. Mining companies must deliver supplies. This also includes Copper Mountain Mining, a successful copper company. The company owns 75 percent of the Copper Montain copper mine in British Columbia. Following a plant expansion, this mine will supply an average of 116 million pounds of copper equivalent per year and will have a lifetime of 26 years. Copper Mountain Mining also owns the ready-to-develop and already approved Eva Copper Project in Queensland, Australia and the nearby Cameron Copper Project, which is still in the exploration stage.

In Peru, the exploration company Auryn Resources is also focusing on copper with its Sombrero project. The grades found to date range from 0.57 to 1.53 percent copper equivalent values indicating a large copper-gold discovery.

Current corporate information and press releases from Copper Mountain Mining (https://www.resource-capital.ch/en/companies/copper-mountain-mining-corp/) and Auryn Resources (https://www.resource-capital.ch/en/companies/auryn-resources-inc/).

In accordance with §34 WpHG, I would like to point out that partners, authors and employees can hold shares in the companies mentioned in each case and therefore there is a possible conflict of interest. Only the German version of these messages applies.

Disclaimer: The information provided does not constitute any form of recommendation or advice. We expressly point out the risks involved in securities trading. No liability can be assumed for damages resulting 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. However, no guarantee is given for the correctness of all contents. I expressly reserve the right to make a mistake, in particular with regard to figures and exchange rates, despite the utmost care. The information contained herein has been obtained from sources believed to be reliable but does not claim to be accurate or complete. Due to court rulings the contents of linked external sites are also to answer for (so among other things district court Hamburg, in the judgement of 12.05.1998 - 312 O 85/98), as long as no explicit dissociation from these takes place. Despite careful control of the contents, I do not assume any liability for the contents 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/en/disclaimer/ 

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Always up to date with the newsletter from SRC

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.

You can change your mind at any time by clicking on the Unsubscribe link, which you can find in the footer of every email you receive from us, or by contacting us at [email protected] We will treat your information with care and respect. For more information about our privacy practices, visit our website. By clicking below, you agree that we may process your information in accordance with these Terms.

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