Why Copper Demand Is Skyrocketing

Рет қаралды 390,177

Күн бұрын

Demand for copper is surging. The red metal, considered a barometer for economic health, is a vital component for the construction and defense industries as well as a key ingredient in electric cars, wind turbines and the power grid. Offshore wind, for example, requires about “three times as much copper as does coal-fired power generation in terms of tons per gigawatt of capacity.” But mining companies are having a hard time keeping up. Globally, existing mines and projects under construction will meet only 80% of copper needs by 2030. To keep up with demand the industry is faced with a number of obstacles. including the shortage of mining workers, navigating regulatory hurdles as well as pushback from local stakeholders. So what impact will the looming global copper shortage have on the transition to renewable energy sources? To look at the challenges facing copper producers, CNBC got a behind the scenes look at Rio Tinto’s Kennecott mining operation outside of Salt Lake City where about 200,000 metric tons of copper are produced annually.
Chapters:
0:00-2:22 Introduction
2:23-5:15 Chapter 1 Copper demand
5:16-7:12 Chapter 2 Companies
7:13-10:45 Chapter 3 Mining in the U.S.
Produced and Shot by: Shawn Baldwin
Edited by: Nic Golden Henry
Supervising Producer: Jeniece Pettitt
Animation: Jason Reginato
Additional Footage: Getty Images, Daniela Zavala
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Why Copper Demand Is Skyrocketing

Пікірлер: 529

@AngusAbbott-qf8xm 18 күн бұрын

As an electrician who has been collecting the scrap wire from my jobs for years this is great news 👍🏼🇬🇧

@nnokefranklin147 15 күн бұрын

How can I supply it to you? I have it in bulk… I want to start exporting them

@norielfajardo6940 15 күн бұрын

😂for me scrap is like a bank account if i need money i sell it

@tarstarkusz 12 күн бұрын

How do they plan on doing all this mining without diesel?

@silentmajority8365 11 күн бұрын

Metal theives know it too

@pbd6966 11 күн бұрын

@@norielfajardo6940p po po

@Patrick-yh5yd 18 күн бұрын

Stealing copper wire is a growing business.

@StockedVHS 18 күн бұрын

NightCrawler

@JoshiderOssi 18 күн бұрын

Gangscrap

@user-it9xu3fo3z 18 күн бұрын

Kennicott is owned by a foreign corporation, so the government is allowing a foreigner to mine the resources out of this country..

@DG-hw8it 18 күн бұрын

Ending up in hell for stealing copper 👍😁

@freetolook3727 18 күн бұрын

People are stealing Tesla charging station wiring because they're in unsupervised locations.

@noUGames 18 күн бұрын

Copper is pretty valuable in Fallout 4

@ScentlessSun 18 күн бұрын

I found a settlement that needs some copper. I’ll mark it on your map.

@duran9664 18 күн бұрын

⚠️ CNBC is shilling copper to provide exist liquidity for its big advertisers 😒 🔥 FACT🔥Aluminum, zinc, & brass can replace copper in all of its applications 🤏

@Network126 16 күн бұрын

Lol 😂

@stevie1748 13 күн бұрын

Yes, but can we talk about Lana Rhoades @ 5:35

@venche2562 8 күн бұрын

Aluminum too. Can't get enough of those

@user-tx4yn7en9u 18 күн бұрын

Chile is the top copper producer in the world, with 27% of global copper production. In addition, the country is home to the two largest mines in the world, Escondida and Collahuasi.

@UrGodsJustaFartntheWind 18 күн бұрын

Well hopefully they're getting the money themselves instead of having it essentially stolen through "legal" means by US/Europe.

@s4lino 15 күн бұрын

i am guessing its good friends with Murica? or the carriers are on there way to secure its freedom for many yrs to come? that line keeps ringing...all your safety are belong to us

@balajib1406 15 күн бұрын

America: that's overcapacity 😅

@chancesgoman9755 14 күн бұрын

I love 💗 the pollution left behind by the mines

@gieljanstouten 12 күн бұрын

I heard they found WMD's in Chile

@andrewdewit4711 16 күн бұрын

Excellent work. You might also have pointed out that about 9% of global copper was used for military (ammunition, etc) even before Russia's invasion of Ukraine and other developments further increased spending on weapons systems.

@auro1986 18 күн бұрын

copper is easily available in junk yards where electronic and electrical wastes have lot of copper coils

@antimatter7629 18 күн бұрын

You have to be quite the low life to waste your time and energy to dig through scrap in the hope of finding small amounts of copper

@harryjones5260 18 күн бұрын

problem solved. let Glencore know

@lancelessard2491 18 күн бұрын

That's less than 1% of what will be needed.

@brad4058 18 күн бұрын

Nowadays they usually strip these clean because people already know how valuable copper is.... Even the homeless that keep stripping copper wires off of street lights in Oakland, CA knows how valuable it is. Heck they even stripped all the copper wires from the brand new 6th street bridge in Los Angeles. You're sure as hell not the first nor the last to be thinking of this idea.

@duran9664 18 күн бұрын

⚠️ CNBC is shilling copper to provide exist liquidity for its big advertisers 😒 🔥 FACT🔥Aluminum, zinc, & brass can replace copper in all of its applications 🤏

@SIRLEE 16 күн бұрын

Uganda 🇺🇬 was one of the biggest copper producers in Africa in the 1960s and 70s. But it’s copper mines were abandoned due to political instability. I think it’s high time these mines were revived because of the massive copper deposits there in and the already existing mining infrastructure.

@togetherwetech6917 14 күн бұрын

You are lying! Uganda has never been a top producer. It has always been Congo DRC and Zambia for decades.

@aprilgeneric8027 14 күн бұрын

i nominate you to go there and mine it SIRLEE. i'm not getting shot for african metal

@starsnoireart 14 күн бұрын

@@aprilgeneric8027 This isn’t about you though? This is about the potential for African nations to stimulate their own economy by exporting their natural resources. Nobody asked you to go mine anything.

@Jakeobfreedman 12 күн бұрын

@@starsnoireartthe issue is companies don’t want to invest in infrastructure there if it’s just gonna be stolen by warlords. That’s where all the money goes, not the average person

@chrlzortz 18 күн бұрын

Copper and lithium, Chile will be a strategic ally for the world.

@duran9664 18 күн бұрын

⚠️ CNBC is shilling copper to provide exist liquidity for its big advertisers 😒 🔥 FACT🔥Aluminum, zinc, & brass can replace copper in all of its applications 🤏

@UrGodsJustaFartntheWind 18 күн бұрын

Funny enough China has been trying to ally South America. While the US ignores it as much as possible after crippling the continent (with the help of Europe) all the way to Mexico. Guess we'll see how it all plays out.

@rcpmac 16 күн бұрын

Adequate lithium in the US for the next 100 years remains untapped

@franug 13 күн бұрын

yes we're uniquely put in a position of provider of several very strategic materials (copper, lithium, green hydrogen, and other metals). hopefully we can make the best of it

@regenwurm5584 12 күн бұрын

sound like they will need some democracy .

@EcomCarl 17 күн бұрын

The surging demand tied to renewable energy and electric vehicles shows the need for sustainable mining practices and increased recycling efforts. 🌍

@davebauman4991 10 күн бұрын

Now, if only engineered obsolescence is banned, then we won't be dumping everything "broken" so casually. Right to repair helps, but let's abolish intentional life cycle sabotage.

@boeingpameesha9550 18 күн бұрын

Thank you for sharing.

@Brownyman 18 күн бұрын

Pennies 1981 and prior 👍

@jeffkadlec8264 18 күн бұрын

I can't get enough of these out-tro's!!

@cvrajendra 18 күн бұрын

superb documentary

@bachhongtran 12 күн бұрын

As a Vietnamese, this channel of CNBC basically is English learning channel that i visit daily.

@scrapking77 10 күн бұрын

Insulated copper wire is bringing $1.10 a pound currently. $3.50 for #2 stripped copper. Prices for scrap in general has risen considerably over the last 3 months.

@hectorrivera2785 17 күн бұрын

Here in Panama a copper mine is operating. They deforested kilometers of forest, denied the use of airspace, took hundreds of tons of copper and paid nothing to the State. We have the Panama Canal that consumes enormous water resources and is a national priority. At the end we have a hole where there was a forest, Less water resources, tons of copper were taken and Panama did not receive any good impact Beyond saying that they are 5% of the GDP. All this to make cars whose batteries will cost you 25k the day you have to replace them. Who won? You and your electric car? No. Environment? No. Panamá. No.

@VIGHTWENiNithanXD 14 күн бұрын

Your useless government is to blame

@chancesgoman9755 14 күн бұрын

Panamanians are punks for not stopping them. The little revolution was weak and weird to see from afar

@lucasalvarado6025 12 күн бұрын

El oro de Panamá es verde

@hectorrivera2785 12 күн бұрын

@@chancesgoman9755 you wish.

@hectorrivera2785 12 күн бұрын

@@lucasalvarado6025 así es! 💪💪

@kc10man 18 күн бұрын

Side joke. Remember that debate in the 90s about no longer manufacturing pennies? It cost's close to 2 cents to make 1 penny lol!

@fav843 18 күн бұрын

Democrats love wasting your tax dollars. Thats why.

@jayhay1237 18 күн бұрын

That is why the modern penny is mostly zinc?

@sarysa 17 күн бұрын

It's closing in on 3 nowadays.

@RachelRae 17 күн бұрын

Maybe I should sell all these water jugs full of pennies around here

@kc10man 16 күн бұрын

@@RachelRae no hide them in the crawl space and 60 years later it will be worth a lot more!

@american7169 14 күн бұрын

23% of us copper comes from tweekers stealing it😂

@who2u333 16 күн бұрын

Take this video and replace the word Copper with Lithium and watch it 5 years ago. Fits perfectly.

@Pmooli 9 күн бұрын

White gold they called it.

@kathleensandoval2596 16 күн бұрын

i watched i thousend of videos but your videos are the best ones you explain everthink continue boss

@rapfreak7797 18 күн бұрын

3:35, most conductor used for distribution and transmission is aluminum, not copper

@jmanko 17 күн бұрын

It's cheaper and lighter than copper so electric providers would be stupid not to use aluminum. Being outside, heat doesn't factor into it which is the main reason aluminum is frowned upon for inside the house wiring.

@ronblack7870 17 күн бұрын

@@jmanko for house wiring the main large conductors are usually aluminum . they sell aluminum cable 200 amp 2 conductor + neutral and ground that goes outside and comes into the breaker box . it's pvc sheath no steel pipe needed.

@DonaldBrickman-xq6em 2 күн бұрын

just joined your VIP group, and I'm already seeing some amazing results. Your insights are truly invaluable!🙂

@Thiago-im4ly 14 күн бұрын

Nice video

@user-ip5wh9bg1d Күн бұрын

Your channel is one of the best for trading information. Thanks for your valuable work!

@Paul-yh8km 18 күн бұрын

Copper is being replaced by aluminium in various high power conductor applications. Modern grid transmission cables use aluminium with steel reinforcing, also used for the high current cables in EVs. So CNBC haven't got the facts totally correct.

@duran9664 18 күн бұрын

⚠️ CNBC is shilling copper to provide exist liquidity for its big advertisers 😒 🔥 FACT🔥Aluminum, zinc, & brass can replace copper in all of its applications 🤏

@jawadad73 18 күн бұрын

it's the same guy's who own those mines too

@carholic-sz3qv 18 күн бұрын

you are totally wrong!!! yes aluminium use is also increasing but so is copper!

@carholic-sz3qv 18 күн бұрын

@@jawadad73 what a joke you are! they own which mines!? the amount of aluminium used as cables in EVs is tiny compared to the amount of copper! tesla charging cable for example is just a two tubes of aliminium insulated by thick plastic walls.

@carholic-sz3qv 18 күн бұрын

aluminium with steel reinforcing is not something new and it has been done for very long time to reduce the cost of transmission lines! in fact ive never heard of copper used in transmission lines! its mostly for house use or trams?trains electric lines and more.

@cmagnan585 16 күн бұрын

Chile has the desert with the highest solar radiation in the world (solar panels), green hydrogen is being developed in the south and has one of the strongest winds in Patagonia (wind turbines), it has the largest lithium and copper reserves in the world. It is the most developed country in Latin America, if it continues like this it will be a great American ally

@Agustin_R 10 күн бұрын

The problem is that the US is not investing enough. We have a much stronger cultural affinity with other western countries than with China, but the Chinese are the ones who are investing and buying our copper and lithium. Despite the differences with China, sadly they are the destination of most of our exports. Greetings from Chile

@TatyanaGromova 14 күн бұрын

Thanks for your video and valuable tips. They help me become a more successful trader and improve my results.

@user-ol4ux6tl4d 6 күн бұрын

really amazing.thanks for sharing i always watch you videos. makes us learn a lot. God bless you and all of us.

@HannahtonHous 2 күн бұрын

Great Video, Just want to ask, is this the best strategy in your opinion? Also what should we avoid? Thanks!

@pacoramon9468 18 күн бұрын

Barcelona copper roberies have skyrocket.

@thetoixhunter 17 күн бұрын

The abandoned mall valley view has been absolutely stripped of its copper in the past 2 years

@daleolson3506 18 күн бұрын

The Canada based highland copper has a mine planned in the up of mi. Scheduled to be open in 2027.

@DiversifyYourself 16 күн бұрын

I won’t get excited about copper until it is priced in ounces.

@MarilouWernsman 2 күн бұрын

Your advice and ideas are always very useful and applicable in real trading. Thanks for the inspiration and motivation.

@Paul-yh8km 12 күн бұрын

As I got a lot of push back regarding my comment about aluminium, here's a few examples of where aluminium cables and wires are used. Overhead power transmission lines Solar farm power connections HVDC power transmission cables High quality electrical coils Headphones Antennas Modems/Internet hardware Ethernet hardware TV and Radio Broadcasting Submarine communication cables Medical ultrasonic equipment EV power connectors. Some aircraft engineering applications. Radar systems.

@theresajerger3335 18 күн бұрын

Why don’t the mining companies recruit unemployed miners from Indiana and Kentucky? They are highly skilled, dependable, hard workers. They could stay in dormitories for months at a time, then switch out and go home so they don’t have to move. Most Appalachians would never permanently move away from their land.

@Ilovecruise 18 күн бұрын

Because they are “EXPENSIVE”

@user-oi9bg6fx5t 18 күн бұрын

American won’t work for $50/day.

@UrGodsJustaFartntheWind 18 күн бұрын

Cuz capitalism doesn't let the country do what it needs. The country is so sold to corporations it'd be unbelievably hard for any kind of gov funded institution to do this. We're cattle sadly and just here to support the economy.

@user-vo9wd6tx6c 18 күн бұрын

Rich people would rather complain about the so-called "lAbOr ShOrTaGe" than actually help poor job seekers.

@Anomize23 15 күн бұрын

@@user-vo9wd6tx6c that crutch needs to stop. Just an excuse that’s been overused now that the pandemic is over🙄

@ThomasJedidiah 17 күн бұрын

Do you have any information on the Vauld bankruptcy?

@jmanko 17 күн бұрын

Aluminum is a valid metal to use for outside electrical lines and for other uses. We might need to transition back to Aluminum if Copper has a short fall for mining. Aluminum is cheap and weighs less than copper.

@ronblack7870 17 күн бұрын

it's not so cheap anymore. after covid aluminum large conductor went up 400% . i know . i had to buy a bunch for our factory to power big machines 400 amp per machine. used to be like 2 bucks/ ft went to 8

@RR52517 14 күн бұрын

The Philippines is the biggest copper producer in Southeast Asia and 15th in the world. I hope my country can develop more. Just last month, an Australian mining company was granted 25 years mining contract in PH to explore and export copper with US$1.5 Billion investment.

@timm8900 18 күн бұрын

The reason no one wants to invest is just history. The largest mining company in copper was originally Anaconda, and in the early 1970's both Chile and Mexico took the mines for free, bankrupting Anaconda. When people see huge companies get destroyed like that, they tend not to put up their money.

@tinto278 18 күн бұрын

LMAO.

@user-it9xu3fo3z 18 күн бұрын

Kennicott is owned by foreigner, and the United United States is allowing a foreign corporation to mine resources out of US soil what is going on at the Coppermine in Utah is unacceptable

@tinto278 18 күн бұрын

@@user-it9xu3fo3z 🤦‍♂🤦‍♂

@abhishekgarg5286 18 күн бұрын

When companies screw over people for profits, they tend to go bankrupt bcuz of it. LOL

@mikaelzakan1929 18 күн бұрын

@@user-it9xu3fo3zare you saying we should do what Mexico did?

@kxmode 18 күн бұрын

You can bet the top mining companies (for any mineral) is looking at Greenland. Melting snow and ice exposes land rich in minerals. 😕

@oneshothunter9877 18 күн бұрын

China tried to elbow into Greenland mining. Rejected. 😎

@fav843 18 күн бұрын

Why does it sound like climate change is actually good for us? Unlocking new resources and territory? Sounds amazing.

@jamisojo 18 күн бұрын

No infrastructure. Like a lot of other places.

@fenrirgg 17 күн бұрын

@@fav843 well yes, it's amazing for the rich that will buy properties and have businesses near the poles, meanwhile the others will die in the natural disaster and war prone places.

@fav843 17 күн бұрын

@@fenrirgg See this is where I shine. I see tragedies and think, how can I make money off this? And that's why I still live with my parents.

@trailguy 18 күн бұрын

gold is the new gold. copper is very special but different. reasons for demand is often opposite for the two.

@waltergeniusz2133 18 күн бұрын

Recycling copper will become a big business

@duran9664 18 күн бұрын

⚠️ CNBC is shilling copper to provide exist liquidity for its big advertisers 😒 🔥 FACT🔥Aluminum, zinc, & brass can replace copper in all of its applications 🤏

@darinherrick9224 18 күн бұрын

It’s already a MASSIVE business.

@carholic-sz3qv 18 күн бұрын

all metals have been recycled for decades and decades, go educate yourself please!

@phillyphil1513 15 күн бұрын

you can tell from his comment that walter's "baby young to the the world" in that they have no knowledge of History and how copper was essentially "currency" dating all the way back to the Aztec and Mayan Civilizations.

@ricnyc2759 18 күн бұрын

Let me guess: everything will be more expensive?

@user-ld7wo6pf3k 16 күн бұрын

THANK YOU SO MUCH FOR THIS INFORMATION ITS REALLY HELPFUL🥻

@tjleonardokaela7159 9 күн бұрын

As much as Zambia 🇿🇲 is the 9th producer of copper in the world, it has the potential to even produce more copper because of small/large scale mines that aren't being utilised because as we all know, Mining is capital intensive and very few people here are able to venture into mining full time so they only hold on to their mining licences and that's it.. But investors are welcome to invest in our country because of stability and peace in our country as well as the government is doing its best to attract investors

@JannaAlekseeva 17 сағат бұрын

Best Tips for Trading Online

@JediMik 18 күн бұрын

в последние месяцы все базовые материалы растут. возможно, сказывается рост цен на энергию и труд...

@zack256300 11 күн бұрын

The embargo on Russia too...😅

@oliverhenry4407 9 күн бұрын

There is a lot of copper that can be recycled. The problem is that it is very costly to do so as it has to be transported, separated and extracted from the bigger mass it is a part of. In many cases the cost of recycling is more than getting it from a mine. That comparison can vary depending on what you are comparing against. In any case, it isn't cheap to recycle... but it will become a bigger part of copper extraction in the future - which means higher prices all around. Inflation is going to be with us for a very long time as commodity prices especially in copper, and rare earths are going to cost much more.

@karhukivi 3 күн бұрын

Not really true, there is almost maximum copper recycling going on. When did you last recycle the water pipes or wiring in your house?

@user-ys5qp4bq4s 15 күн бұрын

Why cocoa is the new cocaine-cocoa crashes by 40% in a month

@bots102 16 күн бұрын

copper is also in high demand because of the Ukranian war, they are main components for bullets and artilery shells

@Foersom_ 15 күн бұрын

8:04 "ore shipped via pipeline" Conveyor belt?

@Dave_Sisson 11 күн бұрын

Probably a slurry pipeline.

@Abdullah-fg8rc 17 күн бұрын

4:23 where is it?

@franug 13 күн бұрын

this is GREAT news for Chile

@kxmode 18 күн бұрын

At some point, a penny will be worth more than a cent.

@user-it9xu3fo3z 18 күн бұрын

CBS NBC CNN are all the corporations opinion and the US government is allowing Kennicott, a foreign owned company to mine valuable resources out of US soil.. but this is what happens when you allow the corporations(ALUMNI) to control the US government, but you won’t hear this from the media because they are the corporations opinion, and they will not point their fingers at themselves

@efeabugo5444 18 күн бұрын

sheesh

@chow-chihuang4903 16 күн бұрын

That’s why they went to copper-plated zinc years ago.

@kxmode 15 күн бұрын

@@chow-chihuang4903 As I said, at some point, a penny will be worth more than a cent.

@trueelectsupremea.m.mosttr4786 15 күн бұрын

It's worth .03+ credits per 1 95% Copper pre 1982 penny.

@InstantAdviser 18 күн бұрын

My favorite presenter ❤

@stevenirby5576 11 күн бұрын

The good thing is Cooper and Lithium are very recyclable. Once you dig it up you can use it indefinitely. Just need to be good about recycling it.

@karhukivi 3 күн бұрын

Almost all the copper that can be recycled is. When did you last recycle the pipes and wiring in your house? Lithium costs more to recycle than to mine it.

@trueelectsupremea.m.mosttr4786 15 күн бұрын

The World isn't "running out of Copper". Demand is higher then supply. That's not the same as "running out of copper".

@stevendefehr4393 9 күн бұрын

ESG … environmental social governance If enforced will make opening new mining operations impossible anywhere 😊

@Pmooli 9 күн бұрын

@@stevendefehr4393Russia is already trying to dismantle this new world order

@Foersom_ 15 күн бұрын

2:42 3 phase power cable.

@scottgordon1781 11 күн бұрын

Zambian copper mines are still going :-) opencast and underground was a challenge in the 80's :-)

@heinousanus9352 7 күн бұрын

Get it outta the plumbing, it's a waste of a completely inappropriate material for it.

@juiceman8108 18 күн бұрын

I am a buyer and i buy roughly 260,000 lbs of copper bus bar a month and lead times are at 12 weeks

@heinrichkoenig8849 18 күн бұрын

lol

@babarao1129 15 күн бұрын

Rio tinto ❤️

@echograpefruit 12 күн бұрын

So what you're saying is that it's finally time to get rid of pennies.

@LoreOrdaz 2 күн бұрын

I am very grateful to you for helping newbies in trading. Your lessons are truly valuable to us!

@markw9841 12 күн бұрын

We need to build pebble mine.

@KevvDogg 18 күн бұрын

Last new mine is 2008? The reason according to them is small amounts of people getting in the way of progress.

@morrismonet3554 17 күн бұрын

The people getting in the way are the ones crying the loudest for wind and solar power and electric vehicles. Giant NIMBY hypocrites.

@waywardgeologist2520 15 күн бұрын

No, it’s the permitting process.

@Main1Event 8 күн бұрын

@@waywardgeologist2520 It is, but its also investment. Nobody wants to invest in a mine that may take 15 to 20 years to come online. The average mine takes nearly 1 Billion Dollars in investment money. Why would you do that when they are barely making a profit now. It will take prices two or three times as much to make it worth their investment. Even then, it will take 15 to 20 years for these mines to come online and who knows what the price will be then. So it may take considerably more than that and for prices to remain there for a while for investment to take place.

@RealSmall 15 күн бұрын

So, now pennies are worth 10dollars, wow

@sofiyaagafonova1773 Күн бұрын

If you sick of doing the same mistakes, watch this videos carefully and you will got your weaknesses

@stanf9070 10 күн бұрын

Copper is not used in transmission lines or distribution lines of power. Some small pieces of copper what’s called jumpers are used in substation from switches to regulators to breakers transformers to bus runs but everything you see out in neighborhoods and strung up across the country is aluminum.

@karhukivi 3 күн бұрын

Not HV lines, but all the local and domestic lines, house wiring, industrial wiring, generators, motors etc. all use copper.

@blazer9547 18 күн бұрын

How is it 100% recyclable??

@michaelfranks341 10 күн бұрын

You melt it down and make new wire...

@rendermanpro 17 күн бұрын

"Chile" as someone said, but will it be new Emirates, or it's a doom for them to have so much valuable resources for relatevely small country it is a big question....

@donalain69 10 күн бұрын

in the 8 days since this video was uploaded copper prices fell by 6.5 %... in the last 2 weeks 12%.

@Main1Event 8 күн бұрын

They might fall further, but long term the deficits arent going away.

@Jamesthomas007 18 күн бұрын

Strangely, people are not talking about the mining and refining pollution that impact the local area when comparing EV vs ICE.

@alpharius7755 18 күн бұрын

because while EV pollute more at the beggining due to the materials used, after some years they end up polluting way less than ICE

@ronblack7870 17 күн бұрын

ice uses most of the same minerals and cobalt has many uses including refining of diesel fuel

@moosedrink 17 күн бұрын

People aren't talking about the hundreds of thousands of acres oil and gas has already ruined. It's not strange. People just don't want to hear about the negatives of anything

@vervi1jw1 18 күн бұрын

FFS pennies aren't made of copper.

@user-it9xu3fo3z 18 күн бұрын

@s4lino 15 күн бұрын

hory copper mines, our lives and futuristic looking hopes of a better brighter world...no wonder miners need to be paid lots and really appreciate how those copper wires in cookware/data wires came about dang 10-15 yrs in modern times...so that's how they 'open' the cap of the mine area (boom..!) i always wondered...thought they excavate those rings layers...its definitely copperlicious time

@thomashoffman9346 18 күн бұрын

Junior Copper mining companies might not be a bad investment

@stevendefehr4393 9 күн бұрын

Midnight Sun Mining Corporation. MMA Canadian exchange. Check that one out 😊

@Bl00dMalice 13 күн бұрын

9:07 - This guy is embellishing Arizona's drought conditions. Much of the Southwest has been exiting drought conditions including Arizona. A quarter of AZ has no drought and nearly all of the rest that is in drought is at the lowest degree of drought which is "dry". There are four more tiers above that which goes up until "exceptional drought". It may get hot in AZ but it's not some dried up husk like this guy makes it out to be. And by our water usage you would never know we're in drought, either.

@Bloated_Tony_Danza 15 күн бұрын

Non ferrous metals will be the future of human competition for resources

@pablogarcia12343 18 күн бұрын

America in 2030s: COPPER? 💣💥💣💥💣💥🦅🦅🦅🇺🇸🇺🇸🇺🇸

@PSNDonutDude 14 күн бұрын

"ive never been more enthusiastic about it" 😐

@user-se6vg7mr1z 12 күн бұрын

You see all the places that mine copper, are desert landscapes, in Chile & Peru (Atacama) Salt Lake City, Phoenix Arizona, Mongolia, Gobi Desert, etc. What about Aussie, Aussie, Aussie OI, OI, OI??????? 70% desert is Australia, there's gotta be copper in those hills, check around South Australia, near Lake Eyre, maybe in the Southern Western Australia as well.

@Main1Event 8 күн бұрын

They also need access to water.

@lokesh303101 18 күн бұрын

The World is Advancing.

@EETechs 15 күн бұрын

I have a hard time believing that electric cars will cause so much copper usage themselves. Industrial controls and industrial 3-phase motors use WAY more copper. Just look at the size of a 500 horsepower industrial 3-phase electric motor and compare that to a 500 horsepower EV motor!! Im talking 6000 lbs of a beast with approximately 10% being the copper weight. So about 600 pounds of copper! I bet all the copper in the 500 HP industrial electric motor would be enough for all the wiring and the EV motor for a few electric cars. There are a lot of 500+ horsepower industrial electric motors in operation all across the planet. Industrial electric motors in use are from fractions of a horsepower to over 100,000+ horsepower. And let's not forget about power generating station generators! Maybe CNBC meant that electric cars would require more power generating plants and transformers for the power grid to handle charging electric cars. That, I can see causing huge copper demand.

@smsfelipe 18 күн бұрын

Love copper

@Senna_Folo 12 күн бұрын

What about all the new Full Fibre broadband that's being installed, there are tonnes of old copper in the ground

@karhukivi 3 күн бұрын

You think the telephone companies don't sell their scrap copper?!!

@visitwave 12 күн бұрын

In India, the copper plant is closed down.

@zack256300 11 күн бұрын

Why is that..?

@dubsar 18 күн бұрын

Dig deeper.

@kailuasurfing 17 күн бұрын

3:36 Pippa Stevens states that copper is “essential for the infrastructure that carries that power” and the video shows high voltage transmission lines, which are mostly aluminum. Copper for power lines would increase costs about 3 fold. Doesn’t change the overall point, but the video editing is misleading.

@darkgalaxy5548 12 күн бұрын

So, copper is a finite resource? Who would've thought?

@tysonristau4995 Күн бұрын

shortage of mining workers. No, there is a shortage of pay for labour.

@phineasmalahlela3068 10 күн бұрын

DRC is 3rd country on de list of copper, yet the ppl of DRC continue to suffer ND starve. Its painful

@gregoryhoefer3660 Сағат бұрын

Someone said copper is the new oil.

@eveblot4195 15 күн бұрын

national asset that is paramount to national security, obviously we should put it in the hands of private profiteers. that won't lead to any conflict.

@musondao 18 күн бұрын

Am from Zambia and hope my country will benefit from this copper boom

@carholic-sz3qv 18 күн бұрын

we all know whats going to happen.

@Vhlathanosh 18 күн бұрын

It needs to be processed, and exported as finished goods. Create jobs for locals.

@gilsonsangulukaniphiri5018 17 күн бұрын

Value addition should be the key for Zambia to benefit from the anticipated boom.

@guy-tn2ud 17 күн бұрын

china will benefit. Zambia is pretty corrupt country politically. Your politicians will sell your souls to china.

@Fenthule 16 күн бұрын

Push for the refining processes and everything to be made locally. If you don't end up with refined finished copper in Zambia the odds of it benefitting your local economy drops a lot. Don't let the mega corps push you around. With the finished copper products you can then expand your manufacturing sector to use some of it and go from there. If you're exporting unrefined material then you'd have to refine it yourself at great cost.