Chair/Board Member | Chair CIM MES | Mining | Investments | Communications
"Misalignments between mineral inventories, production readiness, and policy actions" will likely lead to delays in the supply of much-needed metals and minerals, according to this article in Nature (https://lnkd.in/dZCitFzH). - In addition to market forces, the relationship between national resource inventories and the state system of natural resource governance is the primary determinant with respect to the scale and speed of mineral extraction. - The IEA estimates an average lead time of 16.5 years to move mining projects from discovery to production. #mining #governance #policy
Director, Centre for Social Responsibility in Mining (CSRM), Sustainable Minerals Institute, University of Queensland
As COP28 UAE kicks off, John Owen, Waleria Schuele, LLM, Julia Loginova and I have new research out about the future supply of minerals for the energy transition. It’s freely available in Nature Communication Earth and Environment 👉 bit.ly/4a1wYs5. The work revels a series of misalignments between mineral inventories, production readiness, and policy actions across 18 mineral rich nations. The potential for delays in meeting climate targets - and their implications - needs careful discussion. Clusters of countries were examined to highlight different abilities to mobilise national resource inventories and address social and environmental risks. We found high levels of unevenness structured around resource endowment, wealth, and inequality. #COP28 #energytransitions #minerals #climateaction #fasttracking #bizhumanrights Sustainable Minerals Institute Vigya Sharma Haley St. Dennis Kevin Currey Anthony Bebbington
Technical Director / Skymap Survey
11moValuable to understand. Thanks Jacqueline Allison, CFA PhD PGeo CDI.D