Copper has a huge role to play in both electrification and the global energy transition — and at our current level of production, demand will soon outpace supply.
This current supply landscape is unsustainable. Diversifying global supply chains for copper production is necessary to meet the increasing demand. North American governments recognized this issue. They implemented policies and incentives to boost domestic supply.
Understanding these measures, as well as copper’s supply and demand dynamic, is essential for anyone seeking to invest in this important metal.
While these factors can force short-term fluctuations in the copper price, most analysts agree that the long-term trend appears to be upwards.
The digital economy will also play an incredibly important role in driving copper demand, particularly artificial intelligence.
Most notably, the legislation extends additional loan guarantees of up to US$40 billion to support critical minerals projects.
Below, we’ve listed a few of the more promising investment possibilities.
Located immediately north of the Copper Mountain mine, Quetzal Copper’s 11,500 hectare Princeton copper property houses multiple promising anomalies, including three drill-ready targets. Quetzal identified Bud South and Knob Hill as particularly high-priority targets — both have standout geophysical anomalies with supporting trenching and drilling data. Drilling is set to commence in 2024.
Quetzal has the option to earn 80 percent interest in the Princeton project, as well as the option to earn a 100 percent interest in the Big Kidd and DOT properties near Merritt, BC.
In North America, this represents a considerable investment opportunity — anyone interested in adding copper properties to their portfolio would do well to pay attention.
This INNSpired article was written according to INN editorial standards to educate investors.
INN does not provide investment advice and the information on this profile should not be considered a recommendation to buy or sell any security. INN does not endorse or recommend the business, products, services or securities of any company profiled.
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