Mining Through Uncertainty

Copper and Electric Vehicles Pounds of Copper Required Battery Electric Bus Hybrid Electric Bus 196 Battery Electric Vehicles (EVs) 183 Plug-in Hybrid EVS 132 Hybrid EVs 85 814 ■ Demand for copper in vehicles expected to increase by 1,700 kilotons by 2027 56% of all light commercial vehicles and 31% of all medium commercial vehicles will be electric by 2040 NEVADA Mining Association Conventional Cars 49 MINING THROUGH UNCERTAINTY Source: Edison Electric Institute and the Institute for Electric Innovation 98 APPLIED ANALYSIS

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