Economic growth, urbanisation and population growth are fuelling demand for new urban infrastructure, technology and modern conveniences. With a concurrent move towards energy efficiency, green technology and a low carbon future, we are seeing stronger demand for electric cars, wind and solar energy and energy storage.
Demand for minerals is expected to double by 2050 and it is essential that governments and industry ensure that supply is reliable and sustainable, as the urgency to deal with climate change accelerates. Meeting these demands puts the mining industry at the centre of the green transition. The minerals we need must be mined, but we need to do so more sustainably.
The difficulty in delivering the minerals demanded by society while decreasing the environmental footprint is being compounded by declining ore grades. This has direct implications for the amounts of water and energy needed for production, increasing the environmental footprint of mining.