Nonferrous Mining Reaches Critical Regulatory Juncture

Palladium Investing

Business North.com reports that , after having met regulatory approvals, the PolyMet (TSE:POM) project in Minnesota will advance

Business North.com reports that , after having met regulatory approvals, the PolyMet (TSX:POM) project in Minnesota will advance.

The story is quoted as saying:

“You can’t have hybrid cars, wind turbines and solar without a significant amount of these base and precious metals,” Ongaro said. “You literally need tons of copper for the largest wind turbines – up to four tons. In a regular car, you need 50 pounds of copper, but in a hybrid car, you need 75 pounds. Every car on the road has a catalytic converter that contains platinum. These metals are being used for environmental purposes right now and will continue to be.”

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