CarwilBJ’s avatarCarwilBJ’s Twitter Archive—№ 28,146

  1. …in reply to @AlexPinder7
    @AlexPinder7 Three comments: Fully compensating communities for currently externalized costs of water use and pollution would a’so raise mineral prices. Why is this a bad thing?
    1. …in reply to @CarwilBJ
      @AlexPinder7 2. Name a product where a mineral commodity prices high enough to be a constraint on human use of it. Ignore coal, which we don't need to prospect for more anyway.
      1. …in reply to @CarwilBJ
        @AlexPinder7 3. Since spreading capital to more projects generally brings lower grade, higher cost sites into consideration, it isn't clear that this reduces costs. Which is why junior mining prospectus presentations speculate on the value when prices go up, not down.
        1. …in reply to @CarwilBJ
          @AlexPinder7 These projects are like the tar sands of the mineral industry. Meanwhile a more sustainable future lies in closing the loop of already extracted minerals.
          oh my god twitter doesn’t include alt text from images in their API