Why Copper Demand Is Skyrocketing

[@AngusAbbott-qf8xm]

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

[@franklin_nnoke]

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

[@norielfajardo6940]

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

[@tarstarkusz]

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

[@silentmajority8365]

Metal theives know it too

[@ACENLTG]

@@norielfajardo6940p po po

[@Patrick-yh5yd]

Stealing copper wire is a growing business.

[@StockedVHS]

NightCrawler

[@JoshiderOssi]

Gangscrap

[@TMartinez-n8g]

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

[@IN-hw8it6]

Ending up in hell for stealing copper 👍😁

[@freetolook3727]

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

[@andrewdewit4711]

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.

[@vanfja]

Oh they like to hide information about weapon production. Make it look green and healthy

[@frankrobertolsvik6988]

You are the first to mention that. Thank you for sharing

[@chrlzortz]

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

[@duran9664]

⚠️ 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]

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]

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

[@franug]

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]

sound like they will need some democracy .

[@auro1986]

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

[@antimatter7629]

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]

problem solved. let Glencore know

[@lancelessard2491]

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

[@brad4058]

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]

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

[@bachhongtran]

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

[@StenchFinger-e7j]

you should stop watching the news. its rare that they dont force feed you propaganda

[@EcomCarl]

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

[@davebauman4991]

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.

[@denzelsw8732]

False solutions, everywhere!

[@flufflecake9232]

@@davebauman4991exactly! And the fact that companies like apple are so anti repair does not help!

[@noUGames]

Copper is pretty valuable in Fallout 4

[@ScentlessSun]

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

[@duran9664]

⚠️ 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]

Lol 😂

[@venche2562]

Aluminum too. Can't get enough of those

[@hectorrivera2785]

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]

Your useless government is to blame

[@chancesgoman9755]

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

[@lucasalvarado6025]

El oro de Panamá es verde

[@hectorrivera2785]

@@chancesgoman9755 you wish.

[@hectorrivera2785]

@@lucasalvarado6025 así es! 💪💪

[@kc10man]

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]

Democrats love wasting your tax dollars. Thats why.

[@jayhay1237]

That is why the modern penny is mostly zinc?

[@sarysa]

It's closing in on 3 nowadays.

[@RachelRae]

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

[@kc10man]

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

[@SIRLEE]

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]

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

[@aprilgeneric8027]

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

[@starsnoireart]

@@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.

[@Jaffjv]

@@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

[@starsnoireart]

@@Jaffjv You’re right, companies would rather sponsor the warlords to create chaos in the nations so they can continue to siphon cheap resources from poor countries without having to pay fair wages. 🙄 My comment assumes that the extraction, refinement, and exportation of these natural resources would be a domestic project that doesn’t rely on foreign powers to build infrastructure in the country.

[@rapfreak7797]

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

[@jmanko]

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]

@@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.

[@ElenaNikolaeva-wp5sd]

your results are crazy. You are a real professional in this matter

[@Paul-yh8km]

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]

⚠️ 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]

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

[@carholic-sz3qv]

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

[@carholic-sz3qv]

@@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]

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.

[@danielquinn2]

This year I have experienced more gains than losses in the crypto/stock market, thanks to some knowledge I acquired from my financial advisor. I have managed to flip the market.

[@jenniferwatleyj]

I have seen something like this on countless videos and i find it misleading. I do not trust most advisors as the last time I did, it didn't end well.

[@danielquinn2]

I totally understand, i have seen this too, but before working with anyone you need to do your research, possibly meet them in person, my financial adviser is Gabriel Alberto William , he is not just a broker, he is a financial adviser that gives advice on any financial matters not just on stocks or crypto

[@jenniferwatleyj]

okay, how do I get in touch with him?

[@danielquinn2]

look his name up online, please do your research, he is very good at what he does and has been in various financial market interviews

[@vanfja]

Sounds like a scam to me. Tons of comments like this always advertising some product or method or advisor and saying that you have done so well financially. Don’t fall for it.

[@timm8900]

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]

LMAO.

[@TMartinez-n8g]

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]

@@TMartinez-n8g 🤦‍♂🤦‍♂

[@abhishekgarg5286]

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

[@mikaelzakan1929]

@@TMartinez-n8gare you saying we should do what Mexico did?

[@cvrajendra]

superb documentary

[@waltergeniusz2133]

Recycling copper will become a big business

[@duran9664]

⚠️ 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]

It’s already a MASSIVE business.

[@carholic-sz3qv]

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

[@phillyphil1513]

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.

[@GreenMetalsInvestor]

This is a fantastic rundown of the bull macro thesis - thank you! bookmarked 👍

[@theresajerger3335]

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]

Because they are “EXPENSIVE”

[@F40-c4i]

American won’t work for $50/day.

[@UrGodsJustaFartntheWind]

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.

[@Anomize23]

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

[@Most_Trustworthy_Weasel]

​@user-vo9wd6tx6c How do you help someone who doesn't want to help themselves? Twit

[@StanislavVorobev-g7v]

Thank you! You've given more structure to what I've recently started to get around to.

[@Brownyman]

Pennies 1981 and prior 👍

[@thetoixhunter]

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

[@tjleonardokaela7159]

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

[@kxmode]

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

[@oneshothunter9877]

China tried to elbow into Greenland mining. Rejected. 😎

[@fav843]

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

[@jamisojo]

No infrastructure. Like a lot of other places.

[@fenrirgg]

​@@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]

@@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.

[@Thiago-im4ly]

Nice video

[@boeingpameesha9550]

Thank you for sharing.

[@DonaldBrickman-xq6em]

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

[@musondao]

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

[@carholic-sz3qv]

we all know whats going to happen.

[@Vhlathanosh]

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

[@gilsonsangulukaniphiri5018]

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

[@guy-tn2ud]

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

[@Fenthule]

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.

[@AmberlynnGoodman]

Thank you for explaining everything like that! Very helpful!

[@illuminatedtwincrowcast747]

I’m so glad I invested in some copper 4 yrs ago 🎉 👏🏻 very good research 🔬

[@grahamashe9715]

I don’t see women complaining they don’t have 50% of these jobs.

[@ValeryEvaristo-zj5bq]

БАМ!) Вот так заход)) красава, давай еще такие видосы!

[@MariyaLukina-h3o]

Your approach to trading is truly impressive. Thank you for teaching me so much!🎄

[@jmanko]

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]

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]

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.

[@Jamesthomas007]

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

[@alpharius7755]

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]

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

[@moosedrink]

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

[@kathleensandoval2596]

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

[@OvidiuDumitru-x8t]

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

[@callroland]

Increase demand for copper increases demand for other almost tapped out materials, like I don´t know. Peru and Chile are building deep ports in the Pacific to export anything bulk up North. No need to use the Canama Panal. Gold and Silver are also is shipped that way.

[@bots102]

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

[@trailguy]

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

[@stanf9070]

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]

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

[@Paul-yh8km]

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.

[@johndoe2769]

Push back ? Lol no one cares or said anything

[@shilohtrowbridge6149]

Not a single mention for how the largest housing market in the world China which is the largest consumer of copper is declining and will likely not build more homes for the next 10 years copper is not going to explode upward in price anytime soon but you should already know that whenever CNBC releases a little special it pretty much marks the market top

[@AlfredoPuente8]

Barcelona copper roberies have skyrocket.

[@oliverhenry4407]

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]

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

[@daleolson3506]

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

[@franug]

this is GREAT news for Chile

[@MarilouWernsman]

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

[@ai-with-steve]

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]

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.

[@Most_Trustworthy_Weasel]

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

[@stevendefehr4393]

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

[@Wasengenyie]

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

[@abhinavsood3663]

I m in construction business and has seen a sharp rise in copper ...... it's very costly now.

[@jeffkadlec8264]

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

[@DiversifyYourself]

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

[@kevinr3909]

It already is, go to any bullion website!

[@DiversifyYourself]

Those are scam prices. I mean prices in ounces by a scrap yard. A copper round selling online for $2-$3 an ounce is crazy. Copper is 16 ounces per pound, not 12 ounces Troy such as gold and silver. Copper is around $4.36 per pound. So you tell me if it’s a good deal 😂

[@KevvDogg]

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

[@morrismonet3554]

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

[@waywardgeologist2520]

No, it’s the permitting process.

[@Main1Event]

@@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.

[@kxmode]

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

[@TMartinez-n8g]

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

[@manboogy]

sheesh

[@chow-chihuang4903]

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

[@kxmode]

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

[@Most_Trustworthy_Weasel]

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

[@dragoonseye76]

Who wants to bet that the miners themselves don’t get paid crap.

[@Foersom_]

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

[@Dave_Sisson]

Probably a slurry pipeline.

[@juiceman8108]

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]

lol

[@noway8662]

Not a beep about seabed mining, which is going to be a big thing and will make a lot of these problems relatively irrelevant in the end.

[@Bloated_Tony_Danza]

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

[@scottgordon1781]

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

[@who2u333]

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

[@Wasengenyie]

White gold they called it.

[@exMuteKid]

@@Wasengenyiethe color depends on what chemical form it’s in. Lithium hydroxide is a white powder. Lithium metal just looks like a greyish metal, etc. Same way copper metal is orange-red but copper salts are blue

[@scrapking77]

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.

[@davidrhodes7655]

Not showing that on the LME or on the commodities pricing

[@TatyanaGromova]

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

[@HannahtonHous]

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

[@rendermanpro]

"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....

[@JediMik]

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

[@zack256300]

The embargo on Russia too...😅

[@ShanGamer1981]

I've always said let's stop using pennies in US currency and round everything off to the nickel.

[@shiftymcgee9359]

Modern pennies are made up mostly of zinc.

[@othertonywi1son]

When the half penny was discontinued in 1957, it was worth more than our modern dime ($0.18). We could eliminate penny, nickel, and dime. Just use quarters, half dollars, and full dollar coins.

[@gsst6389]

@@othertonywi1son but then how could we pay 20 cents an hour to the sweet shops? 😂

[@dallasgrful]

Here in Canada that’s what we did and I am so thankful.

[@trailguy]

pennies are nearly all zinc, 42 years now.

[@caleba411]

Mining companies need to take responsibility for destroying all those mountains!! They are killing us!!

[@karhukivi]

Where else can you get copper - grow it on trees? If nobody wanted copper the mining companies would have no reason to mine it. Same for petroleum products, it is the demand by the users not the producers.

[@caleba411]

@@karhukivi You should research the quantity of subsidies being dished out to these corporations. If it weren’t for Republicans supporting corporate socialism, these industries wouldn’t be an issue. There wouldn’t be “demand.” Grow up. The real issues stem from billionaires greed and their desire to lobby politicians to support that greed. We do not need nearly the quantity of metal we are mining.

[@karhukivi]

@@caleba411 Metals are sold on international metal markets. If companies produce too much, the price goes down and the metal is stockpiled. There is no evidence of that as the opposite happens, mines in Chile reduce production to drive the price higher, just like the OPEC countries did. The supply always matches the demand in the long run. Blame the consumers of devices that need copper, not the producers.

[@donalain69]

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

[@Main1Event]

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

[@dragoonseye76]

Next best conductor is aluminum. Which has less resistance. After that, it’s gold.

[@De-tw7by]

Copper can be replaced by alloys.

[@sofiyaagafonova1773]

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

[@Bob-kl3es]

We dont need copper mines.For every dollar printed 20 nickels just spring into existence.

[@american7169]

23% of us copper comes from tweekers stealing it😂

[@faolitaruna]

5: 25 The video would benefit from labels of the footage. I had to pause here to recognise Lubumbashi.

[@anikettripathi7991]

no technology are possible without copper. all electrical and electronic circuits begins with copper only.

[@blazer9547]

How is it 100% recyclable??

[@michaelfranks341]

You melt it down and make new wire...

[@visitwave]

In India, the copper plant is closed down.

[@zack256300]

Why is that..?

[@dragoonseye76]

Because of its electrical applications. As a JW Electrician, it’s painfullly obvious. Need wire and a lot of it.

[@darkgalaxy5548]

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

[@mistablessed2824]

Bro Copper stocks are going to go CRAZY 😭💀

[@navataru]

How do we get permits for more mines.? I wonder if it has anything to do with the practices of mining companies being bad? Like not cleaning up after themselves or properly clearing sites after they are done. Or leaving toxic waste waters in their mines for all of it to leak out years later into the fresh water supply. I'm glad there is pushback and I'm disappointed that the video did not cover any poor practices done by these mining companies that exploit 3rd world countries or destroy nature because they put 0 effort or money into clean up or returning the site back to normal.

[@jiaweike3518]

We sometimes have e-waste collections offered by our churches. (New Zealand) We just had to send our unwanted old copper wires and phones to the church and they do the rest of the work by sending them to recycling plants. I think there is money to be made from recycling. That may reduce the demand of new copper.

[@karhukivi]

Copper is recycled as much as possible, it already reduces a little of the demand. However copper is very enduring and rarely needs to be replaced/recycled, so demand is skyrocketing.

[@xlynx9]

The price of copper hasn't risen in the past three years.

[@Adam-v7r1w]

I wish journalists would explain the difference between reserves and resources in their videos. Yes in this video they clerly state at 5:13 it is reserves but the vast majority of viewers dont know the difference between reserves and resources. Reserves are resources that a profitable to mine at whatever price was used in the study of the viability of the mining of the mine. Even "just" a dollar more in the copper price would move the reserves up on a global scale and most of these prophecies of high copper prices due to lack of resources/reserves (used completelly interchangably) completely omit the fact, that a high price in copper would move massive amounts of copper from resources (not feasible to mine) to reserves (minably). There is enough copper in the world if we are just willing to pay a high enough price, esp. considering how much more productive we have become globally relative to copper price movement the last two decades.

[@adridell]

Sure, we can keep digging as long as we don't care for the consequences, copper pricing is my last problem with mining, my problem is with the destruction mining comes with and the pollution it creates, it's among the most polluting industries in the world, pollutes massive amounts of water, land and even air.

[@Adam-v7r1w]

@@adridell Yes mines does pollute, and has done so at a larger scale in the past because people just didnt give a crap about it. Nowdays things have changed somewhat. The problem about it being one of the most polluting industries is that, together with farming, it's the most important industry we simply cannot live without. You either grow it or you mine it. To your point with price. A higher price will let us mine resources that a currently not feasible to mine, and many of these are not placed on top of relegious sites, close to waterways etc. It will never be possible to mine without having a footprint on the enviroment, however its wastly better to move mines out to places where the effect on the biosphere is much less. Its better to effect fewer and smaller areas than to keep changing the enviroment on a global scale due to fossil fuels.

[@adridell]

@@Adam-v7r1w Mines pollute more today than 50 years ago because we have intensified our mining efforts everywhere, working on ratios to be more efficient and careful has no influence on total destruction because we have opened more mines than efficiency gains we have done, just like cars, cars have never been as efficient as today, but since the number of cars has increased substantially in the world in the last decades, emissions from cars have increased. In French this is called the rebound effect, and it has been demonstrated by the economist William Stanley Jevons almost 150 years ago, and this phenomenon of technological efficiency is called the Jevons paradox, efficiency solves nothing, thus reducing the impacts of mines individually does not solve anything.

[@ricnyc2759]

Let me guess: everything will be more expensive?

[@cmagnan585]

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]

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

[@Foersom_]

2:42 3 phase power cable.

[@GuapoDelmonte]

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]

They also need access to water.

[@dragoonseye76]

This is unsustainable.

[@thomashoffman9346]

Junior Copper mining companies might not be a bad investment

[@stevendefehr4393]

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

[@RealSmall]

So, now pennies are worth 10dollars, wow

[@Bl00dMalice]

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.

[@layer4down]

0:26 You'd basically be fired for saying anything but that.

[@DanielSilva-jj2lz]

why?

[@brad4058]

@@DanielSilva-jj2lz My assumption is that Global Warming activists would be offended to hear anyone say that a fossil fuel is the life blood of the economy and would find any way to cancel someone and get them fired from their job.

[@LoreOrdaz]

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

[@Toffy-t4f]

Cutting the edges of copper cables around solar panels is becoming the latest cutting-edge technology.