Inadequate mining investment will hold back the green energy transition, PwC warns | Fin24

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Inadequate mining investment will hold back the green energy transition, PwC warns | Fin24
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Insufficient reinvestment in mining will hold back the global energy transition away from fossil fuels, PwC has warned. | Fin24

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Insufficient reinvestment in mining will hold back the global energy transition away from fossil fuels, PwC has warned.

Briefing media on the release of the PwC Mine 2022 report on Wednesday, Andries Rossouw, the firm's Africa Energy, Utilities and Resources Leader, said inadequate supply of critical minerals used in clean energy technologies poses an acute risk to the pace of the energy transition. "It's a critical time for miners and the shift to net zero will really mean that we need much more mining and not less," said Rossouw.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

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Fin24 I am amazed that there are still ANY investment in anything in SA.

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