An open door on the world’s ore

The world’s transition to green energy poses an inconvenient conundrum: how to avert one environmental crisis without creating another. To fuel that shift, mining for the ores needed in renewable technologies is set to expand rapidly over the next quarter century – by as much as 50% for uranium and 500% for lithium, according to various estimates.

Much of the current activity is happening in the absence of reliable data. A study published by Nature this month found that more than half (56%) of mining areas visible by satellite have no known reported production information. That makes enabling the needed growth while also mitigating the impact of extraction more difficult.

Some in the industry are now aiming to correct that. The International Council on Mining and Minerals, a trade group representing more than 60 of the world’s largest mining companies and mining associations, adopted what it hailed as a groundbreaking commitment to protect nature and communities near mines. Members promised to disclose the environmental risks of all projects by 2026 and ensure they cause no net loss of biodiversity by 2030.

Previous ArticleNext Article