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EV problem - Mining Companies Can't Produce Enough Copper
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stinkfist Offline
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Post: #21
RE: EV problem - Mining Companies Can't Produce Enough Copper
(05-29-2024 07:45 AM)Owl 69/70/75 Wrote:  Don't have enough copper to make them. Can't sell the ones you make.

Somewhere in there is an obvious answer--Don't make so many.

which is why I always laughed at supply/demand in the fiat ... still do...
05-29-2024 07:58 AM
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No Bull Offline
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Post: #22
RE: EV problem - Mining Companies Can't Produce Enough Copper
(05-28-2024 03:32 PM)Claw Wrote:  The Amount of Copper Needed for EVs Is Impossible for Mining Companies to Produce

According to a University of Michigan study, there is a big supply problem for EV transition.

Quote:Between now and 2050, the world will need to mine 115 percent more copper than has been mined in all of human history up until 2018, just to meet current copper needs without considering the green energy transition

I wonder if the mining equipment that is stripping the earth for copper runs of fossil fuel?
(This post was last modified: 05-29-2024 08:26 AM by No Bull.)
05-29-2024 08:26 AM
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