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The End of the Iron Age
Part 1

Since the Bronze Age collapse, the Iron Age has came about which we still are in today. Ages come and go and the Iron Age is no exception, but when & how will it happen?

According to the world steel association's 2023 report, "1.885 billion metric tons of iron was mined in 2023."

2% used in home appliances
3% used in electrical equipment
5% used in cargo and product transportation (ships, trains, planes, containers)
10% used in metal products (hammers, knives, tools etc)
12% used in automotive manufacturing
16% used in heavy machinery
52% used in infrastructure (homes, buildings, railways, bridges etc)

According to the US Geological Survey,
"World resources are estimated to be greater than 800 billion tons of crude ore containing more than 230 billion tons of iron."

230 billion tons of new iron left ÷ 1.885 billion tons of new iron mined per year (per 2023 data) = 122 years of new iron left from 2023 if demand stays the same

2023+122 = 2145 aka the end of the Iron Age.

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1.2K viewsedited Dec 26 at 23:57

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Create: 2024-12-26
Last Update: 2025-01-07 20:51:27

The End of the Iron Age
Part 1

Since the Bronze Age collapse, the Iron Age has came about which we still are in today. Ages come and go and the Iron Age is no exception, but when & how will it happen?

According to the world steel association's 2023 report, "1.885 billion metric tons of iron was mined in 2023."

2% used in home appliances
3% used in electrical equipment
5% used in cargo and product transportation (ships, trains, planes, containers)
10% used in metal products (hammers, knives, tools etc)
12% used in automotive manufacturing
16% used in heavy machinery
52% used in infrastructure (homes, buildings, railways, bridges etc)

According to the US Geological Survey,
"World resources are estimated to be greater than 800 billion tons of crude ore containing more than 230 billion tons of iron."

230 billion tons of new iron left ÷ 1.885 billion tons of new iron mined per year (per 2023 data) = 122 years of new iron left from 2023 if demand stays the same

2023+122 = 2145 aka the end of the Iron Age.

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Date: 2025-01-07|

Again, in contrast to Facebook, Google and Twitter, Telegram's founder Pavel Durov runs his company in relative secrecy from Dubai. Following this, Sebi, in an order passed in January 2022, established that the administrators of a Telegram channel having a large subscriber base enticed the subscribers to act upon recommendations that were circulated by those administrators on the channel, leading to significant price and volume impact in various scrips. In view of this, the regulator has cautioned investors not to rely on such investment tips / advice received through social media platforms. It has also said investors should exercise utmost caution while taking investment decisions while dealing in the securities market. Just days after Russia invaded Ukraine, Durov wrote that Telegram was "increasingly becoming a source of unverified information," and he worried about the app being used to "incite ethnic hatred."
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