Soaring demand for copper will help drive mergers, BHP CEO says
Demand for copper, a key element in the energy transition, is set to rise by 70% to 100% by 2050, Mike Henry said
A public opinion poll conducted this past summer by Research Co. found that nearly two-thirds of residents of the resource-rich province of British Columbia (63%) believe mineral exploration and mining industries have a role to play in achieving the provincial government’s 2040 zero emissions target.
Two-thirds of the group reported that mineral exploration and mining industries ultimately provide the raw materials required to transition to low carbon technologies and other climate solutions
Respondents were also asked whether environmental protection or economic growth is more important to them. A majority of those who prioritize economic growth believe that mineral exploration and mining industries are key to reaching the zero-emissions target, with two-thirds of this group reported that mineral exploration and mining industries ultimately provide the raw materials required to transition to low carbon technologies and other climate solutions necessary for a sustainable future.
A majority of those who prioritize environmental protection over economic growth also reported that these industries will have a key role in reaching the zero-emissions target.
“What we found interesting about the views of British Columbians is that traditionally opposing viewpoints regarding resource development are essentially in agreement when it comes to mineral exploration and mining playing a vital role in reaching the target,” said Mario Canseco. President of Research Co.
“Building a sustainable future that preserves the environment while also being economically robust is important. That future requires new and innovative technologies that depend on the types of minerals and metals found in BC,” says Kendra Johnston, President and CEO of the Association for Mineral Exploration B.C. (AME).
“The poll findings reveal a significant opportunity to inform British Columbians about mineral exploration, and the vital importance minerals and metals play in building the green technologies of the future,” Johnston said.
