Huge copper reserves are believe to be buried 1,000 metres down in the eastern German region of Lausitz, which is close to the Polish and Czech border. The tonnes of copper ore are believed to be worth several billion euros. Demand for copper is set to rise in the future, continuing to drive up its price. Economic powerhouse China is already establishing its own strategic copper reserves to satisfy its insatiable demand for raw materials. That's good news for the Lausitz.
Here the copper mining company KL Kupferschiefer Lausitz GmbH is expected to create 900 new jobs.