Reuters joins Bloomberg in sounding the alarm that Green Energy Metals are needed to build a green and beautiful future
for all us and they can not be just found on Instagram among motivation quotes and inspiring pictures. Even worse, the metals which are making all our gadgets tick are the result of very long multi-year investment cycle starting from the discovery of those metals and ending up on your kitchen table as part of the iPhone.
Needless to say, investors in the 21 century have a Twitter 20 min attention span and are not ready to match the investment multi-year cycle for mining. Junior Miners who are the main driving force behind discoveries and supply of the new discoveries for Majors are starving for capital and demography is not helping as well here. Millennials are chasing Crypto Bubbles and Gold Bugs are literally dying out.
Bloomberg brings copper into the headlines again with their analysis of “bullish spirits” observed among analysts at the industry event last week. This is not even a rhetorical question for all insiders: “A Million Tons of Copper Is on the Way – It May Not Be Enough”. It can be pronounced with certainty – it will not be enough
. I will go here with Goldman Sachs this time. Two major trends are colliding which will define the supply and demand for the Green Energy Metal. We have exponential growth of sales for electric cars, charging, solar and wind energy systems. And lack of new discoveries and head grade going down across all copper industry.
All credits to the source below