Published on: November 2019
Demand for copper and zinc is set to peak, just as mine supplies shrink. Developing the massive projects major mining companies are looking for will require huge capital investment. Can we fill the impending gap between supply and demand set to hit in two years by developing smaller mines which are less capital intensive?
Industry analysts predict that copper and zinc production from existing mining operations will peak around 2022. In addition to the usual demands for these key base metals in electrification, transport, and infrastructure, demand for copper is buoyed by electric vehicle manufacturing and charging station infrastructure and zinc by increased battery demand. Time is tight for locating, permitting and bringing new mines into production.
Read the full Foran Mining story in Northern Prospector 2019/2020