Commodities of the future: Most linked to green and digital transitions – report
The pace of the digital transition will impact the intensity in the use of energy, as well as direct demand for metals used in manufacturing, Fitch says.
Researchers at the Sustainable Minerals Institute in Queensland are looking for sustainable solutions to some of the supply-side issues the mining industry is going to face.
The Arctic contains vast oil and natural gas reserves—the U.S. Geological Survey estimates the Arctic could contain 1,670 trillion cubic feet of natural gas and 90 billion barrels of oil.
As declining ore reserves push mines to greater depths and also to remote locations, companies are increasingly testing wearables to cut costs, decrease risk and drive productivity.
They estimate that if all metal mines in the world used carbon mineralization for their mine waste, it could sequester 100 to 200 million tonnes of CO2 annually.