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Monday, 12/11/2017 2:25:18 PM

Monday, December 11, 2017 2:25:18 PM

Post# of 1715

Copper is needed for the production and running of electric vehicles, and soon miners may struggle under the weight of increased market demand. New copper mines are increasingly difficult to find, and though expansion of existing mines is also an option, many have already been expanded beyond their means.

Some analysts have predicted that copper prices could rise to as much as $10,000 per tonne as demand increases. It’s possible that the market price could reach $7000 per tonne before January, and $9000 toward the end of 2018 – making $10,000 a reasonable estimate within five or ten years.



https://www.google.ca/amp/s/www.ig.com/uk/trading-opportunities/2017/12/08/copper-price-could-hit--10-000-on-the-electric-vehicle-revolutio-41071.amp

If Tesla has its way and starts working out of Nevada, Arizona or California; they are going to need Copper so...
https://beta.marketrealist.com/2017/12/tesla-solved-mining-companies-capital-budgeting-dilemma?utm_source=redirect5&utm_medium=auto

https://www.tesla.com/