Foran Uses Hemp As It Aims for Carbon-Negative Mining

The video discusses the increasing demand for copper due to its role in decarbonization, despite the environmental challenges of mining it. Foreign Mining aims to make copper mining more sustainable by using renewable energy and innovative technologies. The company plans to be carbon neutral and eventually carbon negative. Economic considerations and market impacts of these green initiatives are also explored.

What is the expected compound annual growth rate for copper demand?

• 5.0%

• 3.2%

• 2.2%

• 4.5%

Which renewable energy source is mentioned as a major advantage for foreign mining?

• Hydropower

• Geothermal energy

• Wind power

• Solar power

What is the primary goal of the foreign mining company regarding carbon emissions?

• To reduce emissions by 50%

• To be carbon neutral on day one

• To offset emissions with carbon credits

• To eliminate all emissions

What material is being used in dry stack tailings to help sequester carbon?

• Cork

• Bamboo

• Hemp

• Recycled plastic

What is the estimated incentive price needed for the industry to adopt greener mining practices?

• $10,000 per ton

• $25,000 per ton

• $15,000 per ton

• $20,000 per ton

How has the cost of battery electric vehicles and equipment changed in recent years?

• Increased by 20%

• Decreased by 50%

• Decreased by 30%

• Increased by 50%

What is one of the economic benefits of the company's underground mining approach?

• Higher upfront CapEx

• Lower upfront CapEx

• Decreased copper yield

• Increased carbon emissions