Wall Street Mav|Mar 31, 2026 19:43
It is going to be tough to electrify everything when the largest copper producing mines are depleted.
Chile is the world's largest copper producer, contributing roughly 25–27% of global supply.
Production totaled 378,554 metric tons in February, down 8.5% from January and 4.8% from a year earlier.
Many of the largest mines were identified and begin mining over 100 years ago. The biggest and easiest to mine have already been discovered and depleted for decades. Generally newer mines are smaller, lower quality ore, more remote and more expensive to operate.
In order for us to have all of these data centers and electric vehicles and upgraded electric grids, we will need a lot of copper (and silver). Unfortunately, the best mines for each of those metals have already been depleted.(Wall Street Mav)
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