Copper Craze Green tech increases demand met by mining By Isaac Stone Simonelli
76 | June 2021
P
resident Joe Biden’s ambitious goal to reduce America’s dependency on fossil fuels sets the stage for a dramatic increase in demand for the mineral resources necessary for green technology—especially copper. Green tech, paired with increased electrification of people’s lives and the urbanization of developing countries, is driving the long-term demand for copper, says Patrick Donnelly, vice president of corporate communications and development at Trilogy Metals. Trilogy Metals has teamed up with Australian-based South32 to create Ambler Metals, a company focused on bringing online two potential copper mines: the Bornite Deposit on NANA Tribal land and the Arctic Deposit on Alaska state land. “Certainly, mining has a bright future due to the need for metals for decarbonization, new energy infrastructure, alternative energy technologies, and EVs,” says Lance Miller, vice president of natural resources for NANA. “Society as a whole needs to appreciate the amount and diversity of metals required for our present lifestyle and the demand of metals required to achieve the goals for a lower carbon footprint.”
Alaska Business www.akbizmag.com
Andreas Häuslbetz & Yukosourov | iStock
MINING
