Artisanal small-scale mining provides a livelihood to over 40 million people worldwide, which, for the gold mining sector, corresponds to about 20 million miners.
The EV giant considered acquiring part of Glencore, but negotiations failed on Tesla's concerns about the Swiss miner's coal business, FT.com reported.
Transforming the metals and mining, building materials, and plastics industries to make them compatible with sustainability targets will require increasing annual spending from $5.7 trillion to $9.2 trillion.