Now try copper, aluminum and more. I saw a clip from a conference that said for copper, at 3% GDP growth, the global demand in the next 18 years will exceed the last 10,000 years, but 80% of known reserves have already been mined.
It seems to me that development in the future is going to be constrained. Not to be dramatic but are we in the sort of happy pre-pandemic days not knowing the changes heading our way? Or am I being too dramatic?
Good news, that’s a tiny drop in the bucket compared to mining operations. Rocket payloads are measured in the metric tons; copper mining is measured in tens of millions of metric tons per year. It’s not even a rounding error, you’d have to launch hundreds of solid copper rockets a day to even make a dent.
It seems to me that development in the future is going to be constrained. Not to be dramatic but are we in the sort of happy pre-pandemic days not knowing the changes heading our way? Or am I being too dramatic?