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

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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Business Maverick: Asia’s energy crunch turns from bad to worse on US export fireA new timeline presented on Tuesday to restart a key US liquefied natural gas export plant was much longer than traders had anticipated, while lower deliveries from Indonesia to Russia tightened global supply. Asian LNG futures for winter delivery surged to the highest level in over two months.
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