posted on
Nov 19, 2020 03:26PM
Message: Re: MP
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Yes mp and the rare earth magnets are going to stay in high demand
I may sound like a broken record and i agree with pavel that copper is never going to pop like lac will here soon but i am up big on a couple of my copper companies 50 % gain in 3-4 months is nothing to walk away from and demand for copper is increasing
Here's some amounts of copper used
Ev 30lbs more than a ice car
Home ev charging station 4kg ( most if not all ev owners will have a charger at home )
A wind turbine 4.7 tons yep 4.7 tons i was shocked when i saw that
I haven't looked but think of all the portable home generators being sold
To the best of my knowledge for several years copper has not being used in New housing construction
A negative is copper is very easy to recycle
Imo the need for copper will grow at a steady pace for many years to come
Rc
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