The War Below: Lithium, Copper & the Global Battle For Power - Ernest Scheyder and Richard Adkerson
The War Below: Lithium, Copper and the Global Battle For Power | Ernest Scheyder | Moderated by: Richard Adkerson The NewΒ ...
Former Chairman & Chief Executive Officer, Freeport-mcmoran
Search every verified Richard Adkerson interview, podcast appearance, and on-the-record quote β each transcript cross-checked by AI and human review to confirm speaker identity. Richard Adkerson, former chairman and CEO of Freeport-McMoRan, participated in a moderated discussion with journalist Ernest Scheyder in New Orleans on May 1, 2025, about Scheyder's book "The War Below: Lithium, Copper & the Global Battle For Power." During the event, Adkerson discussed the role of copper in the modern economy, stating that "two-thirds of copper goes into generating, transmitting or using electricity" and that electric vehicles contain "three or four times more copper" than conventional cars. He said that Freeport-McMoRan produces "almost 75% of the copper consumed in the United States" and described permitting as a challenge to developing domestic resources. Adkerson also commented on global copper demand, saying that "China changed everything" and that while his company produces more copper than China as a country, China "consumes almost 60% of the world's copper." He acknowledged that "climate change is real" and expressed concern about the effects of increased hurricane frequency and severity. In a separate appearance in Washington, D.C. on May 14, 2018, Adkerson introduced Indonesian Finance Minister Sri Mulyani at a gala dinner hosted by the American Indonesian Chamber of Commerce. He praised Mulyani as a "serious minded capable woman" and noted that her talk at a Women's Forum earlier that day was "inspiring for the women but quite frankly it was very inspiring for men."
“China changed everything. Our company produces more copper for example than China does as a country and yet they consume almost 60% of the world's copper and so that positions them to do anything.”
“The problem for this company though is that this site is home to a rare flower found nowhere else on the planet. And so if you dig the mine, would you, you know, basically relegate this flower to extinction? Should we care about the flower or should we care about the lithium?”
“The problem is is that they would basically use a type of mining that would create a giant crater on the surface of the land, what's known in the mining industry as a glory hole. That is actually what it's called. And so the tension here, of course, is that if you're going to basically swallow that site where the San C...”
“Climate change is real. I mean all of us I still have a home in New Orleans and all of us here uh worry about the effects of of of the increased frequency and severity of hurricanes. The city certainly saw it about the time we moved out. We didn't move out because of that by the way. Um uh the uh and then out west fore...”
The War Below: Lithium, Copper and the Global Battle For Power | Ernest Scheyder | Moderated by: Richard Adkerson The NewΒ ...
Introduction of Finance Minister Sri Mulyani by Richard Adkerson.
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