TNI and the London Mining Network published a policy paper analysing how a handful of transnational mining corporations control the extraction of minerals at the starting point of the global supply chains for electronics and batteries.
The expected massive boom in investment in new mining and processing facilities particularly concerns the so-called ‘transition minerals’, such as copper, nickel, manganese, lithium, cobalt and rare earth elements, used for the production of amongst others wind turbines and batteries in electric vehicles.
The issue brief details how the energy transition promises huge profits and how the big corporate players are currently strategizing as to how to benefit from the rise in demand.
Read the policy briefing at the website of the Transnational Institute.