Energy revolution: ESG-focused miners can solve the decarbonisation paradox

Funds need to rethink approach to ESG criteria

The mass adoption of electric vehicles (EVs) is set to bring a progressive end to the era of the internal combustion engine or the ‘ICE age’.

The mass adoption of electric vehicles (EVs) is set to bring a progressive end to the era of the internal combustion engine or the ‘ICE age'. This great transition will fuel demand for critical materials and minerals driven by the EV boom and surge in renewables. This implies a fundamental switch from a dependency on fossil-fuel energy to a material-intensive economic model. Underlying this great energy revolution are essential metals and minerals, including lithium, cobalt, manganese and copper. This has created an unusual ESG paradox whereby decarbonisation is only possible through the...