Wind turbines and solar systems need copper, as do electric vehicles. The reddish metal is just as important in telecommunications, mechanical engineering, pipeline construction and electrical engineering. In the future, there will probably also be technologies that we don’t know about today. In renewable energies, copper is used for production, transportation and storage. An electric car contains up to 70 kilograms of the metal. That is around three times as much as a conventional car. Solar and wind power plants consume around six times as much copper as conventional power plants. Copper is also often used in heat pumps, as well as in the geothermal sector and in hydroelectric power plants.

Many analysts and investment banks expect copper consumption to rise, which will lead to a deficit. This is because the artificial intelligence and defense sectors also need the reddish metal. Copper should therefore benefit from technological progress in the long term. On the supply side, a lengthy and cost-intensive process for starting up new copper mines and tightening environmental regulations will lead to an expected copper deficit on the market. The new green super cycle and the construction cycle in China, which is coming to an end, are therefore facing each other. Those who are skeptical about an overall increase in copper demand like to point to the Chinese construction market, which is known to be in crisis and is causing less demand for copper. Anyone who is of the opinion that the copper market will ultimately break out to the upside and not to the downside – as already mentioned, there is a lot to be said for this – should take a look at companies with copper in their projects.

For example, there is Mogotes Metals https://www.commodity-tv.com/play/mogotes-metals-exploring-multiple-targets-for-copper-next-to-filo-corp-and-ngex-minerals/ – with its Filo Sur project (copper, gold, silver). It borders on the border between Chile and Argentina.

In Brazil, Meridian Mining https://www.commodity-tv.com/play/meridian-mining-great-upside-potential-in-the-projects-and-share-price/ – has the Cabaçal (copper, gold, silver) and Santa Helena (copper, gold, silver and zinc) mines. Drilling is underway on both projects.

Current company information and press releases from Meridian Mining (- https://www.resource-capital.ch/de/unternehmen/meridian-mining-uk-societas/ -) and Mogotes Metals (- https://www.resource-capital.ch/de/unternehmen/mogotes-metals-inc/ -).

In accordance with §34 WpHG, I would like to point out that partners, authors and employees may hold shares in the respective companies mentioned and therefore a possible conflict of interest exists. No guarantee for the translation into German. Only the English version of this news is valid.

Disclaimer: The information provided does not constitute a 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 always associated with risk. The total loss of the capital invested cannot be ruled out. All information and sources are carefully researched. However, no guarantee is given for the correctness of all content. Despite the utmost care, I expressly reserve the right to make errors, particularly with regard to figures and prices. The information contained herein comes from sources that are considered reliable, but in no way claims to be accurate or complete. Due to court rulings, the contents of linked external pages are also to be answered for (e.g. Hamburg Regional Court, in the ruling of May 12, 1998 – 312 O 85/98), as long as no explicit dissociation from these is made. Despite careful control of the content, I assume no 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/….

Firmenkontakt und Herausgeber der Meldung:

Swiss Resource Capital AG
Poststrasse 1
CH9100 Herisau
Telefon: +41 (71) 354-8501
Telefax: +41 (71) 560-4271
http://www.resource-capital.ch

Ansprechpartner:
Jörg Schulte
Telefon: +49 (2983) 974041
E-Mail: info@js-research.de
Für die oben stehende Story ist allein der jeweils angegebene Herausgeber (siehe Firmenkontakt oben) verantwortlich. Dieser ist in der Regel auch Urheber des Pressetextes, sowie der angehängten Bild-, Ton-, Video-, Medien- und Informationsmaterialien. Die United News Network GmbH übernimmt keine Haftung für die Korrektheit oder Vollständigkeit der dargestellten Meldung. Auch bei Übertragungsfehlern oder anderen Störungen haftet sie nur im Fall von Vorsatz oder grober Fahrlässigkeit. Die Nutzung von hier archivierten Informationen zur Eigeninformation und redaktionellen Weiterverarbeitung ist in der Regel kostenfrei. Bitte klären Sie vor einer Weiterverwendung urheberrechtliche Fragen mit dem angegebenen Herausgeber. Eine systematische Speicherung dieser Daten sowie die Verwendung auch von Teilen dieses Datenbankwerks sind nur mit schriftlicher Genehmigung durch die United News Network GmbH gestattet.

counterpixel