31.10.2013 - Consumer demand will feed metals supercycle: mining mogul
The billionaire mining mogul has purchased a Hollywood film studio to make movies—but he’s not ditching his bread and butter any time soon. Friedland’s goal is to produce films that highlight the importance of mining and underscore the urgency of finding new ore bodies to satisfy the globe’s growing appetite for metals. “It’s remarkable how many people who live in urban environments don’t understand the supply chain,” Friedland said during an Oct. 9 talk at Laurentian University in Sudbury. “They don’t understand that if you walk in the room to turn on a light switch, somewhere a generator has to kick in and provide that power; there’s no storage of electricity in the grid.”....................................Full Article: Source