InvestorsHub Logo
Followers 129
Posts 15947
Boards Moderated 3
Alias Born 08/31/2016

Re: None

Sunday, 10/08/2017 7:45:08 PM

Sunday, October 08, 2017 7:45:08 PM

Post# of 29882

Copper

An average gasoline-powered car uses some 20 kg of copper, mainly as wiring. A hybrid uses 40 kg. A fully electric car uses 80 kg of copper (176 pounds) per car. There is an estimate demand at 11,000,000 tonnes of new copper for EV’s alone, with potential upside in other green technologies. For reference, the entire market for copper for all uses is only 36,000,000 tonnes per annum. This sort of demand could potentially bring lower-grade copper deposits into production.



https://www.geologyforinvestors.com/metals-electric-cars-revolution-making/
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent NAK News