Responsible Raw Materials ’s Post

Now is an excellent time to focus on good-quality projects for exploration and development in strategic jurisdictions. While the timing for some of the projections mentioned in this article is off, I find them reasonable and agree with the issues identified in the survey. The pace of the transition to sustainable energy will briefly slow down before it takes off again. Economic growth and uncertainty in the regulatory and incentive policy framework will only have an impact in the short term. However, adapting to ongoing geopolitical shifts, redrawing supply chains, and securing the new supply required to achieve a net zero economy is unavoidable. The time to identify and start building the mines that must be online in 20 years is now.

The #UK govenment's response to the Task and Finish Group’s report on #industry resilience for #criticalminerals highlights its commitments to secure, process and support security, diversification and ESG strategies to the industries and organizations working on energy transformation. 1-Consider new supportive policy proposals recognising the UK is a strategic location for midstream processing. 2-Continue working with industries to support supply resilience and diversification.  3-Continue to build #internationaltrade and partnerships to support supply security.  4-Continue to work with businesses and international partners to tackle the myriad #environmental, #social and #governance risks in #criticalmineral #supplychains. Hallgarten + Company and Harrington Blue & Partners provide comprehensive analysis, industry know how and support, strategic assessments of international players and their positioning in the current #criticalminerals supply map and overall assistance to international #trade organizations looking for strategic positioning, alignment and innovative approach to the many opportunities this commitment involves. https://lnkd.in/gJJ4B5gy Hallgarten + Company Christopher Ecclestone Susana Ecclestone Harrington Blue & Partners Juan Francisco Dávila y Verdin, FRSA Gonzalo Pereyra de Olazabal Melissa Sanderson Caroline Messecar Fastmarkets Financial Times Nusrat Ghani MP Juan Cabrera The Natural Resources Forum Women In Mining UK (WIM UK) MiningNews.net Jack Farchy Bloomberg Bloomberg News Mining Pundits GlobalData Plc Alexis Ohanian Sr.

Core Resources Pty Ltd chair Jonathan Loraine recently shared his insights with IQ Industry Queensland on the future of Australia's critical minerals industry. As we face challenges comparable to conquering Everest, Jon highlights the intricate journey ahead. From pioneering processing techniques for trace minerals to addressing the skills gap for a net-zero future, the path is complex but filled with opportunity. Core stands at the forefront, driving innovation. We are committed to excellence, sustainability and community engagement as we navigate this journey. Read the full article here > https://lnkd.in/eRiA9WVd Article courtesy of IQ Industry Queensland #CoreResources #CriticalMinerals #Innovation #Sustainability #MiningIndustry

🌐✨ 𝗕𝗿𝗲𝗮𝗸𝗶𝗻𝗴 𝗚𝗿𝗼𝘂𝗻𝗱 𝗶𝗻 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲 𝗦𝘂𝗽𝗽𝗹𝘆 𝗖𝗵𝗮𝗶𝗻𝘀!🌍💎 Exciting news on the European front! 🚀 In November 2023, the EU took a monumental step toward securing its critical raw materials with the provisional agreement on a European critical raw materials act. 🌐💡Why does it matter? As the EU divests from fossil fuels and embraces clean energy, the demand for base metals, battery materials, rare earths, and more is set to soar. The act aims to ensure a robust supply chain, foster circularity, and propel research and innovation. Join us in championing this crucial step towards a greener and more sustainable future! 🌱💪 #EUrawmaterials #rawmaterials #SustainableSupplyChains #Innovation Geology & Mining Jyri Meriläinen Pekka Tuomela Markku J. Lehtinen

Core Resources Pty Ltd chair Jonathan Loraine recently shared his insights with iQ Industry Queensland on the future of Australia's critical minerals industry. As we face challenges comparable to conquering Everest, Jon highlights the intricate journey ahead. From pioneering processing techniques for trace minerals to addressing the skills gap for a net-zero future, the path is complex but filled with opportunity. Core stands at the forefront, driving innovation. We're committed to excellence, sustainability, and community engagement as we navigate this journey. Read the full article here > https://lnkd.in/gxfXiNNf Article courtesy of IQ Industry Queensland #CoreResources #CriticalMinerals #Innovation #Sustainability #MiningIndustry

I had the opportunity and pleasure to join today's very interesting Eurometaux event's panel discussions which were mainly addressing the strategies and policy measures to be taken to ensure resilient and sustainable critical and strategic mineral (CSM) value and supply chains with the focus on the However, alongside this we would also need to define more specifically the content of an implementation plan to achieve the 2030 targets. What are the available mineral data and what type of new data are needed. The “Critical” need for highly capital- and resource-intensive, but also resource-efficient, innovative and sustainable mineral exploration to obtain information that could not be obtained by the conventional methods. The development of beyond SoA processing and refining technologies to enable production battery- and magnet-grade metallic components. The MS to move forward elevating advanced critical mineral exploration projects to mining. In general, to apply breakthrough techniques strengthening the EU capacities along all stages of CSM value chains! The strategic projects would probably be the right instrument for enabling all these and other challenging objectives to be implemented!

What choices are we willing to make? As we endeavor to reach the net-zero target by 2050, aligning with the Paris Agreement, of which the United States is a participant, we are faced with defining choices about our future. This challenge is highlighted in this book I just finished reading, ‘The War Below’ by Ernest. It’s an insightful read that excellently frames the dilemma we are grappling with The book sheds light on the opacity of our supply chain for critical minerals and its risk, complicating our energy transition. Interestingly, the term “rare earth” is a misnomer as rare earth metals are actually abundant in the Earth's crust. Furthermore, the read takes us into our mining policies in the United States and how contradictory and somewhat schizophrenic it can be: We strive for net-zero emissions, yet there’s, no pun intended, a ton of hesitancy to mine the necessary minerals domestically. This unsustainable paradox is a major concern for those of us in the eMobility sector. In addressing this, we must acknowledge a hard truth: mining is an inherently “dirty business”. There’s no way around it. As we pursue #mining for these essential minerals, we are bound to face environmental challenges, division, and backlash. This doesn’t mean we shouldn’t mine, but it does mean we need to be extremely thoughtful and responsible about how we do it. We must strive for a balance between achieving our already x-hard environmental goals and embracing the realities of mineral extraction. Ernest’s book doesn’t just highlight these issues; it compels us to confront the tangible impacts of our choices. Achieving our climate objectives isn’t only about setting targets; it’s about making difficult, informed decisions on how to realistically attain them. As I see it, the key is to strike a sustainable balance – one that addresses both our need for critical minerals and our responsibility to the environment. What is your choice?

"To respond #responsibly to the global economy’s #demand for a more ambitious #pipeline of mineral #production, industry players will need to combine their technical focus and empirical accuracy with a broad view that encompasses the range of #impacts generated by each project." https://lnkd.in/duUNXGMK

Cross-border collaboration will be key to achieving the energy transition. In our latest blog, Bernice Lee OBE, Hoffmann Distinguished Fellow for Sustainability, Chatham House, argues for cooperative frameworks to de-risk critical mineral supply chains 🤝 Read more: https://ow.ly/ez6050QWTCV UpLink has partnered with Prospect Innovation to support start-ups, innovators and researchers helping the mining and metals sector's transformation and to meet the UN’s Sustainable Development Goals (SDGs). ⛏️ Learn more about the partnership: https://ow.ly/uXoJ50QWTS8 #sustainablemining #energytransition #cleanenergy #minerals #climategoals #climatechange #energytransition #sustainability #collaboration

S&P Global have been publishing very insightful analysis on mine development times - the latest update focusing on the US points to some alarming truths: https://lnkd.in/eaydjC-s 🛑 The US has the second longest mine development times in the world, at almost 29 years on average from first discovery to first production. 🛑 The development of a mine in the US is not only long and costly, it is unusually uncertain due to high litigation risk. 🛑 This difference is starker in the context of the US’s endowments of the strategically important metals that will be needed for energy transition. 🛑 Mines coming online in the US are the exceptions. Since 2002 only three mines have come online in the US, none of which are located on federal lands. 🎯 Conclusion: "The US is not achieving its mineral potential. It has a huge and strategically important mineral endowment whose development is too long and ultimately too uncertain to attract the investment its peers receive. Without this investment the US will remain reliant on external sourcing for the metals critical to its energy transition." Well happy Monday to you too... But the report does not (yet?) delve into the solutions: so ultimately, what helps to optimise development timelines - in the US and everywhere ? In my view, it's #trust ⏩ Trust from investors that mining is improving resource and energy efficiency, driving refreshed growth strategies and working across functional and sector siloes to innovate at a time when extraction and processing are harder and costlier than ever - this is less about slick reports no-one really reads (except the consultants who write them) and more about bold leadership, embracing diversity of thought and longer-term vision ⏩ Trust from policy shapers that incentivising and recategorising mining and mineral investment is key to climate and geostrategic objectives - let's get those taxonomies out and in practice, instead of endlessly debating sustainability standards - and that criticality and responsibility strategies must dovetail for resilience to be more than a slogan ⏩ Trust from stakeholders that the regulators assessing threats and opportunities around each project are equipped with the skills, knowledge, tools, experience and resources for sound, risk-informed governance that achieves industrial objectives without compromising on environmental and social requirements So let's treat time as only one parameter of performance - and work on redefining our collective contract by driving smarter expectations, decisions and outcomes for those parameters we each have a stake in or influence over... PS: S&P Global, I would dearly love to see EU-focused analysis on this please 😊 #responsibleinvestment #responsiblemining #responsiblesourcing #responsiblerawmaterials