Los Andes Copper Ltd.

Hybrid and battery electric vehicles use up to four times more copper than traditional ICE vehicles (International Copper Association). Therefore, the phasing out of combustion vehicles in pursuit of net zero is set to become a significant demand driver for #copper.

Chile’s congress recently approved legislation to reduce permitting times for #mining projects by up to 70% without lowering environmental or regulatory standards. The decision is expected to boost foreign #investment and support development stage mining projects like Vizcachitas. Read more here ⤵️ https://lnkd.in/g5NbQYiG

#DidYouKnow that in order to meet global net zero targets by 2050, the world must produce twice as much #copper as it has throughout the entirety of human history. Huge undeveloped resources such as the #Vizcachitas project will be vital in achieving the supply levels required for the green transition.

#Copper's high electrical and thermal conductivity means it plays a crucial role in a variety of data centre components. The significant growth of data centre infrastructure, including copper wiring for power delivery, has placed emphasis on the role of copper in driving technological advancements.

#LosAndesCopper's Vizcachitas project is located in the proven and prolific Central Copper Belt and benefits from pre-existing rail and road infrastructure, connection to multiple major ports, and access to a skilled workforce in nearby communities.

Heat pumps are growing in popularity due to their efficient and eco-friendly nature – they use up to four times less energy than gas boilers and are cheaper to run. 21kg of #copper can be found across the various components of a heat pump – just one of the many ways that the metal is supporting the #green transition (International Copper Association). #LosAndesCopper

A worsening supply squeeze implies that a long bull market beckons for #copper, MoneyWeek reports. Short-term volatility shouldn’t distract from the long term picture; that a supply deficit is inevitable. As the 100% owner of the large, development stage Vizcachitas copper deposit, #LA is well positioned to benefit from a long-term bull market. Check out the full article below ⤵️ https://lnkd.in/eM_H6p2M

As the world transitions to a low-carbon future, #copper plays an essential role in EVs and renewable energy infrastructure, as well as more traditional sectors such as construction. #LosAndesCopper is developing the Vizcachitas project, a world-class Tier 1 asset, to aid in meeting the increasing global demand for copper and appetite for electrification.

🎥 Vizcachitas has the potential to continue growing its deposit to the east and west, where drilling programmes have demonstrated extended mineralisation. Previous deep holes show significant intersections of high-grade mineralisation, indicating potential for increasing grades at depth.

🎥 In case you missed it, #LosAndesCopper recently expanded the Vizcachitas project's land package by obtaining first-priority exploration claims over an 18km2 block within the current property boundary, and a 7km2 block adjacent to it. The new areas demonstrate highly prospective geology, providing further potential upside for the project.