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BHP Billiton, the world’s largest miner, believes copper, not lithium or cobalt, is the best way to benefit from increased electric vehicle adoption rates - Glencore, Rio Tinto & Ivanhoe Mines are also bullish on copper. Research suggests that copper from EV’s could rise nine times in the next decade.

Each new generation of car needs more copper wiring:

GASOLINE
55 lbs
HYBRID
110 lbs
ELECTRIC
165 lbs

The Copper Market

Global consumption of refined copper will show steady increase over the next few years, driven by the demand of the power industry, a continued electric vehicle (EV) production and adoption rates as well as a positive global economic outlook for growth. Copper supply and demand outlook by Fitch Solutions shows.

Based on Fitch’s data, global demand for refined copper will outpace production and the market will be in deficit over the next few years. Fitch specifically forecasts the global refined copper balance to indicate a deficit of 247kt in 2018, and to remain under-supplied through to 2021.

Poplar Project

The Poplar Project spans 65,817 hectares and is traversed by a 138 Kva power line and mostly accessible by road. The property is located in a historic mining area, only 35km from the Huckleberry Mine and 42km from Equity Silver. The property is also accessible via rail – only 88km to Houston or 400km to a port at Prince Rupert.

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