Saturday, 11 November 2017

The Red Metal Is Going Green: The Electric Car And Energy rEVolution Will Need A Lot Of Copper.




Bloomberg is connecting the dots for investors between The End of The ICE Age and the tectonic shift in Lithium Energy Storage Technology, which is making its possible. Cheap Lithium Batteries change everything. Electric Cars, Solar and Wind Power Generation will be leading 21st-century economy. We are talking here about the real Energy Security with Distributed Energy Generation. As with mobile communications, the whole subcontinents will skip "the fixed line phone" era straight into the future: no central power generation, but local distributed Solar and Wind Power Generation Systems. These systems will need a lot of new specific infrastructure with wiring mostly based on copper. The Red metal is going Green in the 21st century.





Electrification of our Transportation and Energy Systems will disrupt $4 Trillion and $8 Trillion industries respectively. After Tesla Earthquake, which is bringing us electric cars for the mass market, The Tsunami of Energy Storage for Solar and Wind is coming. The average cost of energy distribution in the US is 5 cents per kWh, it means that Roof Solar kills everything else at this price. Just the cost of transmission makes any other sources of energy more expensive. We are getting closer to this tipping point very fast with the drop in all related costs for Solar Systems. Now we have some numbers to go through which will explain to us why Energy rEVolution is creating the new Copper Rush already.





"Bloomberg: Demand for copper globally is set to jump 22 percent in as soon as five years on increasing usage of the metal in electric vehicles, solar and wind power sectors, according to Indian billionaire Kumar Mangalam Birla’s Hindalco Industries Ltd.
Consumption is seen rising to 28 million metric tons in the next five to seven years from about 23 million tons now, J.C. Laddha, head of the Indian company’s copper unit, said in New Delhi at an industry conference. Electric vehicles alone will boost global copper demand by 1.2 million tons, he said."

TNR Gold is Plugged-In into the Energy rEVolution with its stake in International Lithium and Royalty holdings in Lithium and Copper projects which are operated by the industry leaders like Ganfeng Lithium and McEwen Mining.  We are building Green Energy Metals Royalty company.



TNR Gold: McEwen Mining Files Preliminary Economic Assessment For Los Azules Copper Project, Estimates Life Of Mine Undiscounted NSR Of $35 Billion.




TNR Gold holds 0.36% Net Smelter Return  Royalty on the entire Los Azules Copper project - USD $35.2 Billion is the undiscounted Net Smelter Return cash flow for the life of mine reported by McEwen Mining in its new PEA.

Please read legal disclaimer. There is no investment advice on this blog. Always consult a qualified financial adviser before any investment decisions. DYOR.

“The Los Azules PEA study for McEwen Mining is the first preliminary economic study that provides a potential value for the total net smelter return from the project’s life of mine cash flow. TNR’s 0.36% royalty on the net smelter return is an important part of TNR’s portfolio,” commented Kirill Klip, Executive Chairman of TNR. “Further advancement of this project and building on the results of the PEA will continue to contribute significant value for our shareholders.”






TNR Gold Royalty Holding Update After News by McEwen Mining On The Los Azules Copper Project, Argentina.




“We would like to congratulate McEwen Mining on a significant increase in the new resource estimations for copper, gold and silver at Los Azules Copper project, important upgraded quality of these resources in all categories and reported enhanced economics overall for the project,” commented Kirill Klip, Executive Chairman of TNR. “The PEA provided by McEwen Mining demonstrates a robust, high margin, rapid pay-back and long-life potential economics for the project and it will affect positively the potential implied valuation of TNR Gold’s royalty holding.”







Bloomberg:

The electric car boom is going to need a lot of copper 


  • Usage in electric cars alone to up demand by 1.2 million tons
  • Indian copper offtake to grow by as much as 10 percent a year
Demand for copper globally is set to jump 22 percent in as soon as five years on increasing usage of the metal in electric vehicles, solar and wind power sectors, according to Indian billionaire Kumar Mangalam Birla’s Hindalco Industries Ltd.
Consumption is seen rising to 28 million metric tons in the next five to seven years from about 23 million tons now, J.C. Laddha, head of the Indian company’s copper unit, said in New Delhi at an industry conference. Electric vehicles alone will boost global copper demand by 1.2 million tons, he said.



India is also expected to benefit from the electric-vehicle push as Prime Minister Narendra Modi seeks to turn all passenger car sales electric by 2030, Laddha said. “But even without the demand from electric vehicles, demand should rise to 1.8 million tons to 2 million tons,” he said.
Copper has rallied more than 20 percent this year along with other industrial metals on prediction of tighter supplies and increasing global economic growth amid new sources of demand. Top producer Codelcoforecasts that prices could test record highs above $10,000 a metric ton as the supply-demand balance shifts to substantial deficits from 2018.
India’s consumption is expected to grow by as much as 10 percent from 700,000 tons a year now, Laddha said. India has the potential to boost consumption of everything from copper to iron ore as its economy expands over the next two decades and more people flock to its cities, according to projections from the Australian government that examine whether the country will emulate China.
The South Asian nation will auction more copper mines to meet demand as the reliance mostly on foreign supplies makes the local industry “vulnerable,” Mines Secretary Arun Kumar said at the same industry event.