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The demand for raw materials from the renewable energy industry is expected to grow in the coming years. There will still be a large shift towards renewable and towards electric vehicles for the coming years amid the need for more sustainable source of energy and the need to reduce carbon emissions. A decline in global interest rates could also drive more investment towards minerals. Lower borrowing costs will encourage more investment and business activity, as well as the demand for minerals. https://lnkd.in/gZJ5cJTW

Green technologies require minerals and metals to accomplish the energy transition. Clear regulation is needed to ensure that these critical minerals are mined in an environmentally and socially responsible manner. But the lengthy mining regulatory processes threaten to constrict supply of these vital minerals. “The Energy Transition” includes the transition of power generation to renewable resources (such as wind and solar) and the transition of transportation to electric vehicles. These elements of the Energy Transition will require the incorporation of charging stations and utility scale storage in transmission infrastructure. The International Energy Agency estimates that demand for metals used in renewable technologies is on pace to double by 2040 from its 2020 benchmark (with electric vehicles and battery storage technologies accounting for much of the increase), with the possibility of growing even more quickly during that period if global climate-focused policies are implemented. https://lnkd.in/dymNym_Y

No matter how well intentioned we are by choosing electric cars or renewable energy. If we keep consuming at this rate, the next thing is sea mining. And it's real. We only have one planet and it can't sustain this model. Each one of us needs to reconsider our daily choices in all we do. From food to clothing, to travel. Are we really consuming what we truly need? Are we really valuing and paying for what it's really worth? #esg #circulareconomy #renewables #marineconservation #deepseamining https://lnkd.in/dwJ-FnSs

IMDEX urges reprocessing mine wastes to help meet critical minerals demand Recovering and re-mining mine waste is a credible and potentially financially alluring prospect as the mineral intensity of the clean energy transition requires new solutions to avoiding supply shortfalls. The World Bank estimates that more than 3.0 billion tonnes of minerals and metals will be needed for the wind, solar, geothermal power and energy storage requirements of projects to be built to meet carbon reduction targets.

The global push towards a net-zero future has put the spotlight on the critical mineral value chain, presenting both lucrative opportunities and significant risks for prospective investors. As countries race to decarbonize their economies, the demand for critical minerals essential for clean energy technologies is skyrocketing. #criticalminerals #cleanenergy #oilandgas #oilindustry #energy #greghillman #profitsbythebarrel

According to a report by the International Energy Agency (IEA), reaching the clean energy goals of the Paris Agreement by 2040 will require a quadrupling of mineral resources. An even faster transition, to hit net zero globally by 2050, will require six times more mineral inputs in 2040 than today. (The Role of Critical Minerals in Clean Energy Transition, SIEA, 2021). https://lnkd.in/d2TGya33

Great alignment by our Australian and EU Governments relating to critical minerals required for renewable energy and the drive for ESG from Europe. Nyrstar and Trafigura are excited to be a crucial part of the energy transition. #RenewableEnergy #ESG #EnergyTransition

Australia and the European Union are collaborating to enhance the supply of critical minerals, which play a vital role in various industries, including renewable energy and technology sectors. This partnership will open doors for investment in renewable energy projects but also foster scientific and technological collaboration across different sectors. By strengthening supply chains and promoting ESG standards, this initiative aims to drive innovation and sustainability in energy production. It underscores the importance of diversifying energy sources and fostering a balanced approach to meet global energy demands. #AustraliaEUpartnership #RenewableEnergy #CriticalMineralsStrategy #ESGstandards

Introducing our latest article shedding light on the transformative role of Small Modular Reactors (SMRs) in the mining sector. Today's mining industry grapples with an unprecedented challenge: meeting the surging demand for critical minerals crucial for renewable energy technologies, all while adhering to stringent ESG standards and mitigating environmental impact. In this complex landscape, SMRs emerge as a viable solution, offering a dependable, emission-free energy source that aligns with global efforts to reduce carbon emissions. Our article meticulously examines how SMRs can aid the mining industry in achieving its ESG objectives, mitigating environmental impact, and enhancing operational efficiency. Furthermore, we delve into the economic viability of SMRs and their pivotal role in ensuring responsible mineral extraction essential for renewable energy technologies. We extend a cordial invitation to join us at the 5th Energy Transition and Emission Reduction Summit for the Metals and Mining Industry, scheduled for June 11-12, 2024, in Helsinki, Finland. This summit offers an invaluable opportunity to delve deeper into the potential of SMRs in meeting ESG targets. Access the complete article here: https://lnkd.in/eRDfewFS #SustainableMining #SMRs #ESG #EnergyTransition #RenewableEnergy #MiningInnovation #Decarbonization #CleanEnergy #EnvironmentalStewardship

📢 Copper Shortfall Threatens Renewable Energy Goals 📢 A study by the University of Michigan and Cornell University highlights a major issue: copper production can't keep up with US renewable energy and electric vehicle targets. ⚡🚗 To achieve America’s energy transition goals, six new large copper mines need to come online annually by 2050. The Copper World Project in Arizona and the Mason Project in Nevada are critical to ensuring we can continue to build the innovative products and technologies that will power a sustainable future.