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Dr. Fly
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,428 Blog Posts

BHP Billiton Forecasts a Copper Deficit by 2023, Due to Renewables

Dr. Fly Thu May 26, 2016 10:43pm EST 1 Comment

BHP wants to up production to meet the green energy demand, since windmills and solar panels use an inordinate amount of copper. This isn’t really talked about when discussing the bull or bear case of copper. But green energy initiatives being pushed worldwide is a boon for producers of copper.

If this comes to fruition, massive copper shortages by 2013 thanks to fucking windmills, the shares of FCX and BHP will be significantly higher.

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One comment

  1. lndscpr1
    lndscpr1
    May 26, 2016 at 11:44 pm

    Generational buy at that FCX low.

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