Rechargeable battery industry needs better mining regulations, report says

A report from Oxfam looks at companies extracting “transition minerals” for use in rechargeable batteries, a major player in the fight against climate change.

Rechargeable batteries have an important role to play in the fight against climate change, especially when it comes to lowering greenhouse gas emissions through the transition to electric vehicles. It’s one reason the rechargeable battery market isBut the transition minerals that go into those batteries — cobalt, copper, graphite, lithium and nickel — have to be mined from somewhere, which can create its own problems.

Glencore told Mongabay it tries to ensure Indigenous peoples are consulted about new and changing projects “where significant negative impacts are likely to occur.” Lastly, it urged investors to only back mining companies that have committed to FPIC and have a detailed plan for implementing those standards.

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