Global Copper Group Inc. 

A publicly traded Canadian exploration company listed on the TSX Venture Exchange (ICU.V), Global Copper seeks to acquire exploration and/or near term production copper and cobalt assets in mining-friendly jurisdictions.  As such, in September 2016, the company announced the acquisitions of the Smith Cobalt property and the Proteus property in Ontario, Canada.  

Lithium-ion battery powered transportation and communication are creating an expanding, permanent global market for energy metal commodities (lithium, cobalt, and graphite).  Cobalt prices are expected to rise accordingly, driven by rapidly growing global demand for renewable energy systems, as cobalt is a key component in lithium-ion batteries.


Why Cobalt?


  • Cobalt has maintained solid growth in demand and is sustaining a compound annual growth rate (CAGR) of over 5%. (CDI)
  • This rate is expected to escalate in the foreseeable future, driven largely by the increased need for rechargeable lithium-ion batteries. As a component of these batteries, cobalt is considered a "technology-enabling substance".
  • Superalloys for aerospace applications, which cobalt is a critical component of, have seen continued increasing demand. Aircraft and engine manufacturers forecast strong future deliveries (going out 10 or 20 years).
  • Published data suggests that worldwide demand was about 81,000 tonnes in 2014 - a 15% increase over the previous year.
  • Cobalt has been recognized as a "crucial" metal for the EU in its Raw Materials Initiative, which was undertaken to help support EU industry from the effects of possible disruption to the supply of critical mineral availability.

Why Copper?


  • $140 billion world copper market.
  • The copper sector needs 9 Escondida mines (2014 production- 1,141.4 kt) over the next decade in order to meet global demand (
  • The global copper industry will need to add the equivalent of a new Escondida mine every 15 months over the next 10 years in order to meet global demand (

Challenges ahead for the top miners: (

  • Complexity and cost of projects and expansions means miners may not be in a position to ramp up output as fast as required.
  • Escondida's (BHP & Rio) output will drop next year as a result of lower grades.
  • Rio's Bingham Canyon in Utah is expected to produce less in 2015 as a result of rehabilitation work following the largest non-volcanic landslide in history.
  • Oyu Tolgoi's underground expansion has been continuously delayed.