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Rui
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Rui
@RuycortoChat
Market Investor and Swing Trader, sharing my journey of learning and discovery. For entertainment purpose only. For private discord access see link below
Bangkok, Thailand Katılım Temmuz 2010
1.3K Takip Edilen70 Takipçiler
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Robert Friedland: If you think we have enough copper you’re dreaming
- In human history, we have mined ~700 Mt of copper
- In the next 18 yrs, we need to mine the same amount as in the last 10k yrs
- And that’s without factoring in renewables, data centers or wars
We have all these fancy ideas: renewables, data centers, and EVs… just electrify everything and assume copper will be available.
The reality? We haven’t invested in copper for >10 years, meanwhile it is getting harder and harder to find and mine copper.
- Since 1900, energy required to produce copper is up 16x
- Water consumption is up 2x
- Mines are deeper and smaller
- Grades are declining
We now need more resources to produce the same amount of copper.
- 6 Tier-1 copper mines must come online every year for the next 24 yrs
- The last major copper mine came online in 2021
- Major copper discoveries are down ~80% over the past 2 decades
That’s a long way of saying copper prices must rise to incentivize new production.
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Cameco Sees As Many As 20 AP1000 Nuclear Reactors On The Horizon zerohedge.com/energy/cameco-…
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Is this the next big investment?
Uranium and nuclear stocks just had one of the most violent green days the sector has ever seen.
Names up 10%, 11%, 14%, 16%, 23% in a single session.
There’s something nobody is talking about.
The entire US uranium mining sector is still tiny.
You could buy every single US uranium producer combined for a fraction of what one mid-cap tech stock is worth.
Meanwhile every hyperscaler on Earth is racing to lock in nuclear power for their AI data centers.
– Microsoft restarted Three Mile Island
– Amazon bought Talen's nuclear-powered campus
– Google signed an SMR deal with Kairos Power
– Oracle is building three small modular reactors for 1GW
The supply of uranium is constrained.
The demand from AI just went parabolic.
The sector is still small compared to where the money is flowing.
When real capital rotates in here the moves could be violent.
Tickers worth knowing: LEU, UUUU, UEC, SMR, OKLO, LTBR, CCJ, URA
Smart money is already positioned, but retail hasn't even shown up yet.
When we make a new move in the market, we will let you know.
Turn on notifications so you don’t miss our alerts, this is VERY important.
Many people will wish they followed us sooner.

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