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ARTICLE · 03 MARCH 2023

"The Green Mining Value Chain"

The critical role of mineral production in the achievement of a sustainable energy future cannot be understated. According to a recent World Bank Group report...

South AfricaEnergy and Natural Resources

Introduction

The critical role of mineral production in the achievement of a sustainable energy future cannot be understated. According to a recent World Bank Group report "Minerals for Climate Action: The Mineral Intensity of the Clean Energy Transition", approximately 3 billion tons of minerals and metals will be required to deploy the renewable energy technologies needed to achieve global warming below 2°C.

Discussions emerging from the COP27 UN Climate Change Conference, held in Sharm el-Sheikh Egypt during November 2022, reiterated that net zero carbon emissions must be achieved before the second half of the century to prevent a significant rise in global average temperatures. COP27 further emphasised that businesses and institutions would be held accountable in regard to their commitments to take action towards mitigating climate change and which is particularly relevant in the context of mining because it is a significant contributor to greenhouse gas

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