As countries around the world set out to reduce carbon emissions, the demand for clean technologies and raw materials is increasing.
And as countries around the world are setting out to reduce carbon emissions, the demand for clean technologies is increasing, and with it so is the demand for raw materials. "The production of some of those materials is highly concentrated in certain countries today," he adds. This concentration of resources can lead to major issues in supply, particularly for places like Europe, which produces very little in-house.
"There is a real risk that we won't be able to ramp up production fast enough to meet these goals," Michaels says. Securing the supply is not the only issue at stake. Mining can have a destructive impact not only on the environment but also on local communities.
_Business its not all hopeless as they want you to believe
_Business The cadres can enrich themselves for a while then
_Business And the citizens don’t benefit from the minerals. We don’t have leadership.
_Business Yet majority of our people are in poverty
_Business Yet our communities don't c the benefits of it