According to a recent Bloomberg article, “The era-defining shift from fossil fuels to clean energy will deliver an unprecedented new boom for commodities — and an opportunity for investors — as a range of relatively obscure materials become essential to delivering emissions-free power, transport, and heavy industry.”

I’ve spoken extensively about green energy and the corresponding “Second Electric Revolution” — even naming it as one of the megatrends of 2022 and beyond.

That same Bloomberg article projects that the transition could require up to $173 trillion over the next 30 years, delegating the cash to energy supply and infrastructure investment, as well as reverberating from “lithium-rich salt flats in Chile to polysilicon plants in China’s Xinjiang region.”

Louis Navellier and Eric Fry agree this strategy could help your portfolio achieve Escape Velocity

And as we begin to replace gas guzzlers with electric vehicles (EVs), we can expect the demand for metals and rare earths to skyrocket — in addition to copper.

The average electric vehicle (EV) uses almost half as much copper as the average American house. And EVs aren’t the only “green” products that are “metal hogs.”

• Wind energy uses five to 10 times more copper per unit of electrical energy than does the conventional burning of coal.
• Photovoltaic solar power uses six times more copper per unit of electrical energy.
• A Tesla (NASDAQ:TSLA) Model 3 requires 240 pounds of copper, which is nearly four times what a midsized internal combustion vehicle requires.

Therefore, as the renewable energy boom gains momentum, it will produce an echo-boom in demand for key battery metals like copper.

Mining companies are delighted by the trend…

How Mining Companies Will Benefit

Recently, I’ve been talking to you about something called financial “escape velocity” — the state of being monetarily unburdened, free to do what you will with your life without the barrier of debt, of the next paycheck, of whether or not your kids will have student loans stand in your way.

Achieving financial escape velocity is something my colleague Louis Navellier and I have been extensively studying over the last several months, and we’ve come together for a one-of-a-kind Escape Velocity Event to show you how to do it.

During this event, Louis and I discuss our respective methods for achieving financial escape velocity — and the very method I use is what I want to talk to you about today.

As I mentioned earlier, green energy and the Second Electric Revolution are two of the megatrends I’m following this year, the next and beyond.

From that megatrend (and more like it) spring forth one of my escape velocity plays: a mining company.

The play I have my eye on is a copper-mining giant whose earnings have been ramping sharply higher over the last several quarters.

What’s more, the company is on track to post its largest annual profit ever. On a per-share basis, the company’s earnings should grow to more than $3 next year — and due to this robust cash flow, it has slashed its net debt by 60%.

Thanks to favorable supply-demand trends in the copper market, the company’s earnings should continue ramping higher over the next few years.

According to research firm

Fitch Solutions, annual global copper use will soar from 24 million tonnes to nearly 32 million tonnes over the coming decade, thanks mostly to surging demand from EV manufacturers and other renewable energy industries.

Would you prefer a 159% gain… or a 4,157% windfall?

By 2030, Fitch predicts, copper demand from green technologies will more than triple to five million metric tons per year. For perspective, five metric tons of yearly copper demand would be greater than the combined yearly output from the world’s three largest copper mines!

On the production side of the copper market, however, most industry experts doubt the global copper supply can keep pace with demand. Fitch, for example, expects the copper supply deficit to widen over the next three years until reaching a shortfall of nearly half a million metric tons in 2024.

In other words, the world may soon face a significant shortfall of the key “active ingredient” in most renewable energy technologies.

But this company is perfectly positioned to capitalize on this trend…

The company invested billions of dollars over the last few years to boost production from its largest operation, and that gutsy decision is now paying off, as the company’s copper output is on the upswing during a period of high copper prices.

Furthermore, I expect future “battery metal” demand to exceed current forecasts by a large margin. An “unexpected” demand surge could emerge for several reasons:

• EV adoption growth could accelerate faster than current forecasts.
• “Non-factors” like electric bikes and scooters could advance from mere curiosities to household necessities.
• Utility-scale energy storage could embark on an explosive growth phase.

So, as you can see, mining companies are in an excellent spot right now.

And because you don’t want to be the one who missed out on the next big profit opportunity in this space, click here to learn how to get the details on this play.

Regards,

Eric Fry

P.S. Louis Navellier just ran the numbers… and they’re amazing. Based on a backtest he and his team performed, he found a new strategy that could have outperformed his amazing stock gains by more than 5-to-1 on average. Get the full story at the FREE Escape Velocity Event.

On the date of publication, Eric Fry did not have (either directly or indirectly) any positions in the securities mentioned in this article.

Eric Fry is an award-winning stock picker with numerous “10-bagger” calls — in good markets AND bad. How? By finding potent global megatrends… before they take off. In fact, Eric has recommended 41 different 1,000%+ stock market winners in his career. Plus, he beat 650 of the world’s most famous investors (including Bill Ackman and David Einhorn) in a contest. And today he’s revealing his next potential 1,000% winner for free, right here.