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CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

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Message: Large Scale US Offshore Wind Project Gets Greenlight

And here's another mega project that's going to require a bit of copper :)

 

Anglo-American joint venture Hecate Independent Power Limited (HIP) has launched its HIP Atlantic Project for installing 10,000 MW of fixed and floating wind turbines in the North Atlantic connected to the UK grid.

The long-length, high-capacity, high-voltage direct current (HVDC) transmission cables which will connect the wind farms to the UK grid are to be manufactured in the United Kingdom at a GBP 200 million bespoke power cable plant to be built at a port in the northeast of England, HIP said

The total project cost is estimated at GBP 21 billion (USD 30 billion).

More here, 

https://www.offshorewind.biz/2021/05/24/usd-30-billion-north-atlantic-offshore-wind-project-launches/

 

herbie1 

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