The London-listed miner said production in three months to Dec fell 30 pct to 148,477 oz. compared with a year ago and 22 pct from the previous quarter.
The average E.V. requires 80kg more copper than a regular vehicle. There is also significant copper needed to build out E.V. infrastructure in the power grid as well as battery charging infrastructure.
China’s global resource grab, and the ramifications for the rest of the world, are on my radar screen. Are they on yours? If not, maybe they should be.