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Gold/Mining/Energy : Gold Price Monitor

GDXJ 39.84

+2.4%

Mar 30 4:00 PM EDT

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To: Sun Tzu who wrote (115259)	1/6/2022 3:06:10 PM
From: Sultan	of 115521

I have not seen any numbers for Silver use in EV.. Silver usage is usually mentioned in Electronics, Solar, medical etc. so increased use of electronics, chips in EV etc. and demand in solar means silver has a steady demand to come.. Ages ago, it was photography.. Whether Supply will be there to meet it who knows because like a lot of things in commodities, a new mine takes years and years to come to production.. I have seen some presentation on Silver so if I can dig it up, I will post... Copper on the other hand has a lot of numbers they throw around.. Here is a sample.. Per the Copper Development Association Inc., traditional cars have 18-49 pounds of copper, hybrid EVs contain approximately 85 pounds and plug-in hybrid EVs use 132 pounds Disclaimer.. I own a small copper play.. CMMC.TO .. Copper Mountain Mining.. It is a BC based copper producer with mine in BC.. Shares also trade on Australian Exchange since they also own a well-advanced project in Australia and they will be coming up with details, in terms of financing, construction etc. post pandemic because at present, everything in Australia is essentially shut down.. cumtn.com

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