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Cordoba Minerals sees "fundamental mismatch" in copper supply and demand

Cordoba Minerals sees "fundamental mismatch" in copper supply and demand

Cordoba Minerals Corp (TSX-V:CDB, OTCQB:CDBMF) chief operating officer Mark Gibson joined Proactive at Mines & Money 2021 to discuss its current exploration and development projects in Columbia and Arizona.

The company predicts a large mismatch between the supply and demand of copper over the coming years, which is why the company is targeting the metal that will be central to electrification and decarbonisation.

"With renewable power, with the electrification of transportation, with the restructuring of the electrical grid, copper is our focus," Gibson said.

The industry needs to find and build more capacity in the next 20 years than it has used in the last 200, the Cordoba exec added.

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