It is rather astounding that Teck has moved so slow on developing this copper asset.

The forecast demand for copper is coming out of everywhere. The 5G network will mainly use fibre optic and towers but it will also require a lot of copper.

Biden's infrastructure plan will need a mountain of the stuff. 

An average car today uses 20kgs, a Hybrid uses 40kgs and an EV uses 80kgs. Just the charging point needs 20kgs. And the EU needs to build a million charging stations by 2024 according to their Auto Manufacturers Association. Thats only 3 years away. 

Then there is the ambitious plans of auto manufacturers to ramp up the number of EV's they sell. Ten percent in 2025 to almost 30% in 2030. That is not far away either.

Plus I bought a 6 foot copper pipe today for a plumbing project. Take that out of circulation.

I realize Teck is not run by the sharpest pencils in the drawer but geez, get moving.

https://www.mining.com/copper-supply-expected-to-move-into-deficit-in-2021-says-stonex/

>On Feb. 11, Reuters reported that the European Automobile Manufacturers’ Association has said the EU should target one million charging points for electric vehicles by 2024, and three million by 2029 to support the electrification of the car industry in Europe.<