Robert Friedland
@robert_ivanhoe • 44,870 subscribers
Founder @IvanhoeMines_ | @IvanhoeElectric | Everything affects everything, everywhere, all the time 🌎
Videos
Thank you, Donald J. Trump, for the invitation to the Oval Office today… Mining is a critical industry vital to the re-industrialization of the United States' economy. Today mining as a sector only represents 1% of the S&P500... However, with your leadership and the Project Vault initiative, I am super excited for the future of this incredible industry in America and its future impact for the American economy.
Robert Friedland318,563 görüntüleme • 5 ay önce
Sam Riggall, CEO of Sunrise Energy Metals appeared on Bloomberg TV Monday, June 15, to discuss our Syerston Scandium Project and G7 countries’ plans to reduce their dependence on China for critical metals…One could benefit by listening carefully to his conversation… Sunrise’s Syerston Scandium Project is the largest and highest-grade deposit of scandium in the world. As G7 countries seek to reduce Chinese supply for rare earths like scandium to a maximum of 60%, Sunrise will serve as an alternative, given that China currently produces approximately 85% of global supply. Sunrise’s deposit holds over 32,000 tonnes of contained scandium in mineral resources: enough to meet global scandium demand for many decades to come. Scandium’s absolutely critical applications are numerous and significant: both in defense (where it is primarily used as a lightweight yet incredibly strong alloy in military and space applications) and for thousands of civilian applications (such as Radio Frequency filtering chips to enable 5G and 6G wireless, and Solid Oxide Fuel Cells to produce energy efficiently). Scandium is also integral to the future of AI…Sunrise is a cornerstone investor in Agni Semi, the company developing the next-generation of non-volatile memory chips using ferro-diodes manufactured with aluminum scandium nitride (AlScN). Agni will produce the most energy-efficient non-volatile memory chips on the market, facilitating the massive rollout of AI that is only set to consume more energy and memory as models continue to snowball…Agni’s chips can operate up to 600ºC, which have the potential to benefit the geothermal drilling technology we are developing at I-Pulse Group. In scandium’s critical applications, there is no known substitute metal that can deliver the same level of efficiency. Founding and serving as Chairman of our companies is a passion. Like I-Pulse, Sunrise Energy Metals is not only a mining company; Sunrise will also become a leading technology powerhouse in all things scandium as we make strategic investments in the downstream scandium value chain. The importance of this rare earth metal that you may have just heard of cannot be overstated. Now is the right time to learn more about Sunrise Energy Metals…
Robert Friedland66,831 görüntüleme • 1 ay önce
I’m telling you… It’s copper copper copper copper copper.
Robert Friedland227,633 görüntüleme • 5 ay önce
To build a data center the size of Manhattan, as Mr. Zuckerberg intends to, we need some metals that you’ve probably never heard of in quantities than you cannot fathom… These metals are not just 1 or 2 letters on your periodic table that you glanced at while daydreaming in Chemistry class… They are critical to national security. I explained why you really should care about supply chains at USC’s Energy Business Summit…
Robert Friedland134,387 görüntüleme • 5 ay önce
On December 15, 2023, LME copper settled at $8,471 per tonne ($3.85 per pound). Today, May 25, 2026, the LME price is $13,660 per tonne, with U.S. copper trading (at a premium) at around $6.46 per pound. That’s a rise of over 60% in just two and a half years. The $15,000 per tonne threshold, needed to incentivise meaningful new supply, which I highlighted back in 2023, is now less than 10% away. Yet global copper supply is weaker today and costs are higher. Meanwhile, the demand for copper from the world’s two largest economies is unprecedented. In the US, potential Section 232 tariffs have put imported copper in the crosshairs, while in Asia we’re entering peak Chinese demand season. There are no semiconductors, no data centers, no electrification without copper… which is why the price of the world’s essential electrical conductor now trades in tandem with Nvidia and the AI boom. Add to the mix EVs, robotics, and defense demand, and copper’s future price direction is clear. In another two and a half years, $20,000 per tonne or $9+ per pound is realistic. Watch the LME warehouses closely and see where the metal actually moves… the world is finally waking up to the true value of copper.
Robert Friedland55,934 görüntüleme • 2 ay önce
Watch this video of one of the largest data centres on earth, under construction in Texas…. The video shows the cooling system used for the Ai GPU CHIPS…. It’s made out of pure copper! Copper is used in data centres to transfer heat as well as electricity.
Robert Friedland76,966 görüntüleme • 6 ay önce
Back in late 2023 when I appeared on Bloomberg, we were already flagging tight smelting conditions and supply challenges in the copper market. Prices were at approx. $8,500/tonne at the time ... people were questioning copper demand dynamics amid high rates and Chinese economic conditions. We looked beyond the near-term noise at growing grid investment demands, national security issues, growing supply shocks, and the challenges in bringing new mines to market. Today copper is well over $10,000/tonne and rising ... largely due to the issues we discussed almost two years ago when I said "nearly any disruption could result in a sharp upward move in prices":👇
Robert Friedland109,455 görüntüleme • 9 ay önce
Ivanhoe Mines announced today that the first batch of anodes was cast at the Kamoa-Kakula copper smelter
Robert Friedland61,794 görüntüleme • 6 ay önce
We took to the stage 32 years ago to deliver the keynote at the very first Mining Indaba... and we have spoken here every year since. Data centres did not exist 32 years ago, and therefore nor did the term critical minerals… In recent years, as the world has rapidly advanced, a message we have regularly repeated is that not only is the African continent currently a major source of these critical minerals, but the continent will be increasingly relied on in the future.
Robert Friedland38,777 görüntüleme • 5 ay önce
We’re working round the clock to knock the cover off the ball in our support for U.S. domestic mineral exploration… and to mine, baby mine! U.S. Secretary of the Interior Doug Burgum said during this Bloomberg interview: “There’s been an attack on American energy in this country, but even longer than that there’s been an attack on mining in our country … Just like President Trump says; ‘drill, baby drill’ we’ve got to get back to ‘mine, baby mine.’ The U.S. graduated 36,000 lawyers last year, and about 300 people with mining and metallurgical degrees.”
Robert Friedland25,663 görüntüleme • 5 ay önce
The world needs to produce larger quantities of healthy food… and we need a new, better way without continuing to use the harmful chemical herbicides that damage our natural environment. We have launched #iTerra, which uses I-Pulse Group’s proprietary pulsed power technology and #AI to detect and kill weeds at the root with a concentrated electrical pulse. We do this without harming crops, disrupting soil microbiology or leaving any chemical residues. The dead weeds then remain in the soil, where they naturally decompose, supporting long-term crop performance. This is an incredible breakthrough in agricultural technology… watch this space for more!
Robert Friedland19,983 görüntüleme • 4 ay önce
It's been three years since this fireside with Erik Schatzker at Bloomberg Live’s QatarEconForum in 2023. The message is even truer now than it was then: copper is fundamental to the global economy and when it comes to supply, there’s just not enough of it. Even as the world desperately needs more copper mines, we’re seeing supply constraints at existing mines like never before. Meanwhile, demand is gathering steam. Drivers like war and the need to replenish armaments – sadly - and AI are adding to the picture. New Yorkers HAVE become more thoughtful about the source of their ham sandwiches. They’re starting to get the picture, but we’re still in the early innings both in terms of the structural constraints and the understanding of those constraints. Since the day of that conversation 3 years ago, the price of copper has risen 77% from $3.64 per pound to $6.45 today.
Robert Friedland12,038 görüntüleme • 2 ay önce
Qatar, Saudi Arabia and the United Arab Emirates are foundational to energy security, and without energy security, we have nothing. If you were listening to this conversation in 2023, you would have thought it was all about production… That is a big part, but as we have recently learned, the Gulf countries ALSO play an irreplaceable role in ensuring the movement of hydrocarbons through the Strait of Hormuz to consumers around the globe. The security of the hydrocarbon supply chain is currently being tested. Since that conversation in May 2023, there is 20% less oil and liquified natural gas on the market, and the price of Brent crude is 40% higher. As a consequence the cost of everything we touch and consume is escalating at an alarming rate. Gulf countries play a more vital role than ever in ensuring energy security for the prosperity of all.
Robert Friedland10,971 görüntüleme • 2 ay önce
Data centers are already here, and they’re here to stay. They’re only going to get bigger, use vastly more power, and require millions of tonnes of copper at a scale we simply do not have the capacity to mine yet… We looked at one Microsoft baby data center and found that it used 2,177 tonnes of copper. This was just one tiny data center. No one has found as much copper as the Ivanhoe group, but we cannot rest on our laurels. We must keep discovering new deposits, building new mines and producing more copper if we can hope to keep GDP growth at 2% and build a better world for our children and grandchildren… Our gratitude, as always, to BMO Metals and Mining in its 35th edition for providing a tier one platform to discuss what’s really needed.
Robert Friedland15,716 görüntüleme • 4 ay önce
The world needs astronomical amounts of copper over the next 20 years. Here is a collection of televised predictions I made about copper over the past 4 years. It did not require clairvoyance to predict where the price of copper is going. Copper is up again this morning at over $5.00/lb (~$11,000/tonne)
Robert Friedland25,564 görüntüleme • 9 ay önce
I am impressed to see the commitment by the United States Government in strengthening their economic cooperation with the Democratic Republic of the Congo. Last week, a delegation of more than 200 representatives from the government of the Democratic Republic of the Congo visited Washington to discuss expanding economic cooperation between these two great countries. In attendance from the Congolese side were the highest levels of Government, including; Prime Minister, Judith Suminwa Tuluka; Deputy Prime Minsiter, Minister of Interior, Jacquemain Shabani Lukoo; Minister of Communication & Media, Patrick Muyaya; Minister of Mines, Louis Watum Kabamba; Minister of Energy, Aimé Molendo Sakombi; Minister of External Commerce, Julien Paluku; Minister of Agriculture, Muhindo Nzangi; Minister of Higher Education, Marie-Thérèse Sombo; Minister of Infrastructure, John Banza Lunda; Governor of the Central Bank, André Wameso; Governor of Lualaba Province, Fifi Masuka Saini; Governor of Haut-Katanga Province, Martin Kazembe; and by no means least my great friend the General Manager of the Autorité de Régulation de la sous-traitance dans le Secteur Privé (ARSP), Miguel Kashal Katemb.
Robert Friedland21,524 görüntüleme • 8 ay önce
Speaking at the Astana International Forum 2025 in Kazakhstan...
Robert Friedland25,912 görüntüleme • 1 yıl önce