Low investments in mining limits supply of key minerals needed for sustainable energy

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Mon, 2024-04-15 09:59 — mike kraft

Global mining investment too low to support energy transition, Rio Tinto chairman says

SINGAPORE, April 15 (Reuters) - Low rates of investment in the global mining sector have put the global energy transition at risk, widening the supply gap in critical minerals like copper, Rio Tinto (RIO.AX), opens new tab (RIO.L) , opens new tab chairman Dominic Barton said on Monday.

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The global effort to slash climate-warming carbon dioxide emissions will depend on securing large supplies of minerals like copper, lithium and cobalt required to build electric vehicles, solar plants and wind farms.

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