The Wild West of Copper Mining - 264
In November 2016, Hillary Clinton was the solar and wind power champion. She led in the polls to be the next president of the United States. The Canadian-based copper company, Highland Copper, had an office in Wakefield on US 2. Back then, if we listened to the press reports, we might have felt a new copper mine would open anytime. And then? Before I address the “And then,” let’s examine copper’s role in modern electrified life. When you speak about nearly anything that uses or produces electricity, you will find copper and a lot of it. For example, for each Mega Watt of potential wind power from a wind turbine, the generator needs 3.6 tonnes of copper. When comparing a gas car to an electric vehicle, a gas-powered car needs 18 to 55 lbs of copper, a hybrid needs 85 to 110 lbs, and a fully electric vehicle 165 to 185 pounds. Recently, with the passage of the Inflation Reduction Act (IRA), we started the largest mineral rush ever. Its provisions to spur clean energy growth, ac...