Why ‘Red Metal’ Is Critical to America’s Clean Energy Future
INTERVIEW ON THE PRICE OF BUSINESS SHOW, MEDIA PARTNER OF THIS SITE.
Recently Kevin Price, Host of the nationally syndicated Price of Business Show, interviewed Gordon Neal, President & CEO, World Copper Ltd..
“The United States and China are battling to secure stakes in copper mines around the world and the stakes have never been higher,” says Gordon Neal, President, CEO & Director at World Copper, Ltd. a Canadian resource company focused on its flagship Zonia Copper Oxide Project in central Arizona. Arizona is the U.S. leader in copper deposits according to the GlobalData’s mines and projects database.
“In a clash of titans, America, and its free-market economy values, competes against the Asian superpower with its stranglehold on copper resources and processing,” says Neal, President, CEO and Director of World Copper (TSX.V: WCU | OTCQB: WCUFF), who has raised over $500M in the resource sector in the past 20 years.
“With copper, the ‘red metal’ critical to America’s clean energy future, it’s time to focus on developing domestic assets and amp up the country’s process engineering,” says Neal, a mining veteran who previously served as CEO and Director of Tincorp Metals, President of New Pacific Metals Corp., and V.P., Corporate Development at Silvercorp Metals.
The mass production of rare earth minerals and magnets moved from the United States to China in the 1970s. Gordon Neal will discuss why America needs put the processing of minerals and the development of its own assets on the front burner.
The alternative to geopolitically-friending copper mines and mineral processing is not no mines but Chinese-run mines and minerals processing with lax environmental regulations.
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