Free Republic

KEY POINTS: * A copper deficit is set to inundate global markets throughout 2023, fueled by increasingly challenged South American supply streams and higher demand pressures. * Copper is a leading pulse check for economic health, and the red metal’s squeeze could be an indicator that global inflationary pressures could worsen, and subsequently compel central banks to maintain their hawkish stances for longer. ***************************************************************************************** A copper deficit is set to inundate global markets throughout 2023 — and one analyst predicts the shortfall could potentially extend throughout the rest of the decade. The world is currently facing a global copper shortage,...

Rather than try to impose the numerous costly mandates and socialistic programs of the Green New Deal, policymakers should focus on improving U.S. industry and making the nation more mineral-independent, a move that would allow for greater technological innovation in the future, both within and outside of the energy sector.

Windmills use an enormous amount of copper. For example, a single wind turbine can contain 335 tons of steel, 4.7 tons of copper, 3 tons of aluminum and 700-plus pounds of rare earth minerals. ... In fact, wind and solar energy use more copper than conventional forms of energy, such as coal, natural gas, and nuclear power plants. Conventional power plants require about one ton of copper to produced one megawatt of electricity, whereas wind and solar can require between three to five tons per megawatt. ... Make no mistake, switching from reliable sources of electricity like coal, natural gas,...

Chinese intelligence-connected billionaire James Riady wants to purchase an enormous copper mine to corner the market for China despite being banned from the United States in 2001. The Chinese are colonizing Africa but rapidly running out of copper deposits to mine in stable areas. “No matter where the project is, Chinese investors are coming for it,” and as China’s appetite dramatically outpaces its domestic supply and as Chinese investors chase after other countries’ resources, that includes America.