Energy transition held back by lack of mining investment, says PwC report

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Supply not keeping up with surging demand for critical minerals

If the mining industry does not rapidly scale up its discovery and delivery of critical minerals, the prospects of achieving a large-scale energy transition will be jeopardised, said a report released by PwC on Wednesday.

According to the report, the energy transition from high- to low-carbon energy sources and generation methods, and the race to reach net-zero emissions, are creating a surge in demand for “critical minerals”...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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