TL;DR the world is running out of easily extracted copper at an alarming rate

  • keepthepace@slrpnk.net
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    1 year ago

    We have ran out of easily extracted copper several times already.

    Minerals are not oil: they have a geological availability and you can always find them by digging deeper.

    Journalists routinely misinterpret reserve estimations: when production outpaces exploration (there is a lag between a rise in the former and a rise in the later) official reserves (known supplies, identified as economical) can look extremely low, but no, we wont run out of them anytime soon.

    Note: this is valid for rare earths as well. We may have punctual problems of production which will still cause problems, but it is not a case of “running out” of it like we have for oil.

  • Track_Shovel@slrpnk.net
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    1 year ago

    There’s a big interest in copper mining development right now because of this shortage. Alternatively, I imagine recyclers are getting creative with new methods.

  • Daniel Quinn
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    1 year ago

    This is a case where there is a good technological solution. It does however require some experimentation and investment.

    There are mountains of valuable minerals in landfills all over the world. Not just copper, but gold, platinum, palladium, and cobalt to name a few in the form of discarded e-waste. Recycling it is a huge pain in the ass and therefore expensive, so it’s still cheaper to scratch new virgin materials out of the ground instead.

    With the introduction of AI, companies have been scrambling to use it for the wrong things. What AI does best is pattern recognition, which is great for sorting waste. We can combine this with arrays of sensors that generate data fro things like light spectrum reflection and you have a sorting system that literally eats landfill and shits out valuable minerals.

  • Your Huckleberry@lemmy.world
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    1 year ago

    I’d have to see further sources on this. It sounds speculative. The open pit mine I visited this summer in Arizona says they have 50 years of easily extractable ore at current rates. That was just one mine, there are others with similar or larger unrecovered deposits. There are also vast underground deposits with proposed mines awaiting approval. It’s worth noting the environmental impact of these mines. The one I was at is a huge ugly scar on an otherwise beautiful landscape.

  • MiddleWeigh@lemmy.world
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    1 year ago

    Better get up to them asteroids I guess.

    Actually lets just hoard, because otherwise there wouldn’t be any hoarders if someone doesn’t hoard.