Vortex Metals Growing Copper Portfolio as Global Demand Continues to Skyrocket

NEW YORK, NY, June 28, 2023 (GLOBE NEWSWIRE) — Vortex Metals Inc. (TSXV: VMS) (OTCQB: VMSSF) (FSE: DM8), is amassing a portfolio of copper properties just as global demand for the metal is exploding.  In fact, experts predict that demand for copper could soon outpace supply, which would drive the price of copper exponentially higher.  Vortex Metals (Vortex) announced this week that it’s acquiring a majority interest in the highly promising and drill ready Illapel Copper Project (Illapel) located north of Santiago, Chile.  This deal between Vortex and Ventana Minerals Group, which also owns and operates the adjacent Rio 27 mine and an accompanying processing facility, is significant because Chile is the largest copper producing country in the world.

In late 2022, S&P Global released a report forecasting that global demand for copper could double by 2035, from 25-million metric tons to 50-million metric tons.  The report added that by 2030, supply from both existing and projected copper mining activities will meet just 80% of our needs.