The Economist (October 2023) publishes a report exploring how the boom in clean and digital technologies is driving investment in countries with reserves of critical minerals. The advancement of transportation electrification and the expansion of renewable energy have driven the demand for copper, lithium, nickel, and cobalt, generating a wave of capital seeking exploration opportunities.
Investors identify high growth potential in these emerging markets, but must pay special attention to factors like legal security, local content requirements, and the adoption of ESG standards that ensure project sustainability. Companies that can balance resource exploitation with social and environmental responsibility will be better positioned to capitalize on opportunities in a constantly evolving sector.
The race to secure the supply of critical minerals is reshaping geopolitical alliances and fostering competition among countries seeking to attract foreign capital. In this context, the ability to innovate and adopt responsible mining practices becomes a decisive factor for those wishing to invest in the future of the natural resources industry.
Source:
• The Economist, “Global Demand for Critical Minerals Spurs Investment in Emerging Markets,” October 2023.
