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Important Commodities – Copper and Potash

12. November 2024

Copper is increasingly needed for the technological age. Copper and potash are also important for plants.

Copper is necessary for plants because it is a micronutrient that ensures growth. And it has a wide range of effects, especially in the fight against fungi. The copper ions can penetrate the cell walls and kill fungi. Potash is important in the fertilizer sector. Because in today's world, where sufficient and high-quality food is not a matter of course for everyone, fertilizers are needed. After all, many countries are acutely affected by hunger crises. Potash is used in both conventional and organic farming. Russia and Ukraine were major suppliers of potash. This could lead to supply bottlenecks. In order to produce enough food for the growing world population, fertilizers such as potash are indispensable. It's a good thing that potash is also available in Africa, for example.

There, in mining-friendly and politically stable Gabon, Millennial Potash - https://www.commodity-tv.com/ondemand/companies/profil/millennial-potash-corp/ - owns the low-cost Banio potash project.

Hardly anything moves in industry without copper, the raw material is in demand worldwide and the demand for copper has risen steadily in recent years. Almost all electronic components contain the reddish metal. This is because copper scores highly when it comes to electricity and heat conduction, easy formability and other properties. The automotive, electronics and construction industries would be inconceivable without the metal. There is a consensus that the energy transition will increase the demand for copper. Some people refer to copper as the gold of the energy transition. Most copper is produced in Chile. 

U.S. GoldMining - https://www.commodity-tv.com/ondemand/companies/profil/us-goldmining-inc/ - has gold and copper projects on its radar. The company's Whistler project in Alaska has an excellent mineral resource estimate. 

Current company information and press releases from U.S. GoldMining (- https://www.resource-capital.ch/en/companies/us-goldmining-inc/ -) and Millennial Potash (- https://www.resource-capital.ch/en/companies/millennial-potash-corp/ -).

 

 

 

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/.

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