The growing shortage of copper is already triggering big shifts in the industry, but one of the biggest could be direct tie ups between mines & manufacturers. There is a lot of talk about global copper supply, but its still something of a guessing game. The Bank of America says copper supply will be 15%—something […]
The Long Road To Copper
It takes an average 24.1 years to develop a copper mine from discovery to production, but lead times vary widely across the world says a new snapshot. The study by S&P Global looked at 268 mines in 23 countries—including 13 mines in the US, 29 in Canada and 30 in Australia—and placed Australia 9th with […]
Stealing The Future (And The Past)
Metal thieves have been a problem for a long time, but sky high prices now mean its a major threat given our reliance on copper for nearly everything in modern life. I’ve long been aware that thieves have targeted copper for its resale value, but what was once a relatively minor offence has lately become […]
Today’s Waste Is Tomorrow’s Energy
With a squeeze on supplies of copper, manufacturers of everything from cable to cars are increasingly using recycled scrap to meet the demands of the future. Recycling copper is not new of course. Copper can be recycled indefinitely without losing its value or performance. Every ton of copper that is recycled means some 200 tons […]
Space Age Copper
Two Australian companies are teaming up to use space technology & AI to speed copper discovery here, reportedly one of the world’s biggest data driven searches. That’s exciting news for all sorts of reasons. Number one it’s great to see technology being harnessed for practical, real world impact when a lot of talk about technology […]
Turning Gold Into Copper
US based gold miner Newmont said recently that the every project in the company’s project pipeline is a copper one, adding the future “is all copper”. Newmont Chief Executive, Tom Palmer, told the Australian media that global demand for copper would drive “tectonic” opportunities across the mining industry, “empowering companies to either build copper mines […]
Finding Copper In All The Old Places
Copper may be an ageing technology for delivering broadband, but for telcos now recycling all those kilometres of cables it could be worth billions. Some are already recognising that fact of course. British engineering company TXO says they’re talking to a dozen telcos about extracting copper wires from old networks to sell on the open […]
U.S. Can’t Keep Up With Copper Demand
A new report says the USA can’t mine Copper fast enough to meet its ambitious goals to electrify the country. Produced by Michigan University and commissioned by the International Energy Forum—IEF—the snapshot looked at 120 years of global data from copper mining companies. It concluded that current U.S. policy guidelines to transition the country’s electricity […]
Are Our Utilities EV Ready?
A new report out of the US asks if electrical grids can handle the predicted surge in electric cars. In fact it’s a question that hangs over the shift to a greener economy overall and with no easy—or cheap—answers. Certainly electrical vehicles will be a challenge. Global EV sales volumes are forecast to more than […]
Copper Cuts Climate Emissions
The carbon payback for additional copper ‘invested’ into improving energy efficiency is earned back 20 to 300 times over the lifetime of an energy system says a new European report. And for renewables, the carbon emissions for producing copper is earned back in a matter of 1 to 2 weeks. Increasing the cross section of […]
Copper’s Green Future In Asia Pacific
A new study by the CRU Group says copper’s future market share will be defined by the green energy transition and surging demand in India & Asia. Commissioned by the International Copper Association—ICA—the study found that copper demand will grow from 28.3M tonnes in 2020 to about 41M tonnes by 2040. The strongest growth in […]
Artificially Intelligent Copper
Artificial Intelligence, or AI, seems to be everywhere these days and so I guess its no surprise its come knocking on copper’s door too. And that’s good news. From discovering new deposits to helping improve mine operations, it seems AI is shaping up to be one of the most flexible and innovative technological breakthroughs mining […]
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