Financial News

Copper Crunch Looms: Torr Metals Inc. (TSX.V: TMET) Makes Discoveries as Demand Outpaces Supply

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.
  • The International Energy Agency predicts that existing and planned mines will only meet 80% of global copper needs by 2030
  • Torr Metals is developing two highly prospective copper-gold projects in Canada, one of the most mining-friendly and infrastructure-rich jurisdictions in the world
  • In June, Torr Metals released the newest exploration data from Kolos in the Quesnel Terrane, a mining district in south-central British Columbia
  • Several active mines operate within the Quesnel Terrane, including the four largest copper producers in Canada, being the Highland Valley, Gibraltar, Copper Mountain, and Mount Milligan mines

Copper, a critical metal nicknamed an “economic barometer” due to its multitude of uses that reflect the financial health of countries, is experiencing a spike in demand owing to vows for global electrification. Copper demand on a historical level – construction plumbing and wiring, transportation, power and communications transmission – remains strong, with added demand now for use in electric vehicles, charging stations, renewable energy, and the electric grid itself.

The situation has significant upside potential for companies big and small that are making investments in future copper production, including…

Read More>>

NOTE TO INVESTORS: The latest news and updates relating to TMET are available in the company’s newsroom at https://ibn.fm/TMET

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from MiningNewsWire, text “BigHole” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.MiningNewsWire.com

Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer

MiningNewsWire
Los Angeles, CA
www.MiningNewsWire.com
310.299.1717 Office
Editor@MiningNewsWire.com

MiningNewsWire is powered by IBN

Report this content

If you believe this article contains misleading, harmful, or spam content, please let us know.

Report this article

Recent Quotes

View More
Symbol Price Change (%)
AMZN  246.13
-8.47 (-3.33%)
AAPL  349.88
+6.05 (1.76%)
AMD  566.42
-12.02 (-2.08%)
BAC  51.65
+0.80 (1.57%)
GOOG  281.63
-40.26 (-12.51%)
META  631.25
+18.76 (3.06%)
MSFT  524.23
-6.78 (-1.28%)
NVDA  213.34
-2.04 (-0.95%)
ORCL  137.84
-6.69 (-4.63%)
TSLA  404.45
+0.23 (0.06%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.

Use the myMotherLode.com Keyword Search to go straight to a specific page

Popular Pages

  • Local News
  • US News
  • Weather
  • State News
  • Events
  • Traffic
  • Sports
  • Dining Guide
  • Real Estate
  • Classifieds
  • Financial News
  • Fire Info
Feedback