The EV revolution is in its infancy, but it is gaining traction, and its minerals, whatever they are, will have to be mined responsibly.Author, John Harker
What if China, the EU, and North America co-operated to undertake a major survey of Responsible Mining and Rare-Earths? A survey in which major mining houses such as BHP, Glencore, and Anglo-American would have much to offer, especially as they are increasing or refining their own focus on “battery” minerals.
In fact, their involvement is key. They know the ups and downs in mining as the EV revolution unfolds. A year ago, Ivan Glasenberg, the CEO of Glencore, stressed that his company has “a key role to play in enabling the transition to a low-carbon economy”. This is true, but the company has seen its profits drop due in large part to its “battery minerals” business.
Anglo-American is the world’s largest supplier of platinum and palladium, which are essential to the smooth running of cars fueled by Petrol/Gas, and the company is now intent on developing a lithium battery which will use the platinum-group metals instead of cobalt and nickel.
The great mining houses are among the companies which created the Initiative for Responsible Mining Assurance, a body which would also be a source of strength for any such survey.
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Photo credit: Electric taxi in Shenzhen, China. (Image: Brücke-Osteuropa | Wikimedia Commons.)