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Mr. Einhorn excited about the company. Mr. Einhorn said Wednesday at the virtual 2021 Sohn Investment Conference that electrical vehicles require four times as much copper as cars powered by internal-combustion engines. The global leader in copper production is Freeport-McMoRan. "What I'm recommending today is a more overlooked company, Canadian-based Teck Resources," Mr. Einhorn declared. "Teck trades at two-thirds of Freeport's price-earnings multiple and has much better growth prospects, particularly a 60-per-cent stake in a $5.7-billion copper mining project in Chile, scheduled to come on-line in the second half of 2022." He said there is "significant value in the cash flow to be generated" from that Chilean project, known as Quebrada Blanca Phase 2. If copper were to climb to $6.80 (U.S.) per pound by 2025 as forecasted by a Goldman Sachs report, the expansion from this new mine would by itself be worth the current market capitalization of Teck, he said. Mr. Einhorn touts Teck at nearly $90 a share.