Copper exploration companies such as COBRE are set to benefit from the projected increase in demand. Cobre Limited is an ASX-listed copper exploration growth company focused on the exploration and discovery of copper and new high-grade base metals deposits in Botswana and Western Australia. The Australian-based company owns 100% of extensive copper and silver exploration land in the Kalahari Copper Belt (KCB). Demand for copper is rising as countries across the world transition away from fossil fuels to renewable energy, with electric vehicles set to play an important role in the green transition. By 2035, copper demand could outpace supply by up to 50 million tonnes per year (Mt) according to professional forecasters. This makes COBRE well-placed to support the energy transition as a high-growth company.
Great article! I’ve been looking to invest in some copper companies, and COBRE sounds interesting. Definitely going to do some more research on them.
Thanks for the info, Stock Piper! I already hold a bit of COBRE, but this article makes me feel even more confident about my investment.
This is so informative. Also, who wouldn’t want to invest int Africa’s top mining jurisdiction?