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Old 09-08-2023, 10:37 AM   #1007
calgarygeologist
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Quote:
Originally Posted by Fuzz View Post
https://www.theautopian.com/the-worl...enough-report/


I just saw this after your post, as I was curious how much that actually meant.


Required global production:




Current production:
About 130,000 tons


So a long way to go. That one mine would provide about 10 years of global supply. It seems kind of unique, though maybe more discoveries like this will help.The more interesting bit is that last number and how it will need to grow 30x.
Keep in mind that the 20-40 million tonnes being reported is likely the booked resource number (ie. what the geoscientists believe is in place based on extrapolation of earth science data.) The reserves, which is the amount that can actually be produced, is generally significantly less. Having never worked in hard rock geology I don't know what the numbers could look like but reserves could be less than 10% of resources.
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