Why Copper? - Strike Copper CorpStrike Copper Corp. (“SCC”) is a junior mineral exploration company currently focused on defining and monetizing the resource potential of its Sungold property in the prolific Shebandowan Greenstone Belt in Northwestern Ontario.
https://strikecopper.com/project/why-copper.feed2024-03-16T00:37:58+00:00Strike Copper CorpWhy Copper?2021-07-30T19:20:34+00:002021-07-30T19:20:34+00:00https://strikecopper.com/project/why-copper/18-why-copper.htmlDeveloper SM<div class="whycooper">
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<li>According to the <a href="http://www.copper.org/" target="_blank" rel="noopener">Copper Development Association</a>, 65% of copper demand comes from electrical manufacturing. That means copper is in everything <strong>—computers, televisions, mobile phones... not to mention the burgeoning electric vehicle (EV) market</strong>, which is expected to account for one-third of all new vehicle sales by 2040.</li>
<li><strong>The European Commission, the bloc’s regulatory arm, plans to require emissions from new cars and vans to fall by 65% from 2030 and drop to zero from 2035 (<a href="https://www.bloomberg.com/news/articles/2021-07-09/europe-to-propose-end-of-combustion-engine-era-in-green-overhaul" target="_blank" rel="noopener">Boomberg</a>).</strong></li>
<li>Another huge source of copper demand comes from wind power plants. One windmill can use up to 6.4 metric tons of copper/megawatt. With 44,440 megawatts under construction and in advanced development <strong>that adds up to as much as 284,000 metric tons of copper in U.S. wind farms alone.</strong></li>
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<li>According to the <a href="http://www.copper.org/" target="_blank" rel="noopener">Copper Development Association</a>, 65% of copper demand comes from electrical manufacturing. That means copper is in everything <strong>—computers, televisions, mobile phones... not to mention the burgeoning electric vehicle (EV) market</strong>, which is expected to account for one-third of all new vehicle sales by 2040.</li>
<li><strong>The European Commission, the bloc’s regulatory arm, plans to require emissions from new cars and vans to fall by 65% from 2030 and drop to zero from 2035 (<a href="https://www.bloomberg.com/news/articles/2021-07-09/europe-to-propose-end-of-combustion-engine-era-in-green-overhaul" target="_blank" rel="noopener">Boomberg</a>).</strong></li>
<li>Another huge source of copper demand comes from wind power plants. One windmill can use up to 6.4 metric tons of copper/megawatt. With 44,440 megawatts under construction and in advanced development <strong>that adds up to as much as 284,000 metric tons of copper in U.S. wind farms alone.</strong></li>
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