Submitted by chrisdh79 t3_1125jxo in technology
Financial-Employ5634 t1_j8jzlfq wrote
Think back to the source of what’s required, active and producing mines. There literally aren’t enough mines in the world to handle the output needed to see this kind of growth.
New mines from exploration to resource extraction takes 15 years. This is just delusional and if you think inflation is bad now, boy oh boy just wait until we’re heavily reliant on minerals that will be immensely scarce because of the demand this is going to create. I’m not saying there’s a scarcity of minerals, but a scarcity of actual mines.
Copper is a huge input into EVs, guess what else relies on copper? Almost every other industry in existence related to technology, industrial processes, and construction.
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