Copperman’s Post

One of the downsides of the junior sector's focus on recycling the same projects is that major copper discoveries have become increasingly rare. This trend may be attributed to the industry's reluctance to explore in green fields environments. As a result, the industry is struggling to replenish reserves and relying on increased copper prices to lower economic cut-off grades, which could have long-term implications for the copper market. Synergy Resource Capital S&P Global Market Intelligence

🌍 Europe's transition to #sustainableenergy and mobility hinges on our ability to secure a stable supply of transition materials like lithium, cobalt, copper and nickel. Our "Bridging Divides" study, supported by Open Society Foundations, shines a light on the challenges and opportunities in responsibly scaling up the supply of these materials within Europe. 🤝 The key takeaway? Trust building among industry, policy makers and civil society is paramount. With the Critical Raw Materials Act now in place, it's time to address complex issues from financing to environmental standards. 📢 Stay ahead of the curve and dive into the findings. Read the full study and if you're passionate about shaping a sustainable materials future, reach out to the study team.   #CriticalRawMaterials #MaterialSecurity #EnergyTransition #MultiStakeholderDialogue #CircularEconomy  https://lnkd.in/eBTn76du

Check out this insightful paper on Securing Minerals for the Energy Transition, co-authored by the World Economic Forum and McKinsey & Company. The paper provides a thorough risk analysis of the expected insufficient supply of critical commodities needed to meet the rising demand during the energy transition. It outlines key challenges in Political, Economic, Social, Technological, and Environmental areas and proposes ways to tackle these problems. Don't miss out on this crucial read to understand the potential risks we face and how we can work together towards a sustainable future. #EnergyTransition #Minerals #Sustainability

Even as battery demand surges, the combined forces of efficiency, innovation, and circularity will drive peak demand for mined minerals within a decade — and may even avoid mineral extraction altogether by 2050. These advancements enable us to transition from linear extraction to a circular loop, with compounding benefits for our climate, security, equity, health, and wealth.

As we move toward a world dependent on digitization and green solutions to promote long-term, sustainable economic growth, minerals (in place of place of fossil fuels) will be critical to enabling this future. https://lnkd.in/gP23Cufy

We're thrilled to share that Momentum was recently highlighted in an article by S&P Global Commodity Insights, showcasing our efforts in advancing domestic critical minerals recycling. In the interview, our CEO, Mahesh Konduru, discussed how Momentum’s modular technology and localized recycling solutions are helping the U.S. secure critical resources essential for the energy transition. Key insights include: 🔹 Localized Recycling: Momentum is driving the shift toward local recycling of critical minerals, allowing communities to have more control over their resources. 🔹 Modular Technology: Our MSX system offers unmatched flexibility—allowing us to scale operations quickly while adapting to the specific needs of various markets. 🔹 Government Support: Policies like the Inflation Reduction Act (IRA) are boosting U.S. production capacity, directly supporting our goal of onshoring critical mineral recovery. 🔹 Fast Deployment: Our modular facilities can go from permitting to operations in 6-9 months, enabling rapid scaling of black mass processing. Check out the full article for more details on how we’re paving the way for a more sustainable and resilient energy future: https://bit.ly/3AcOgFD #CriticalMinerals #EnergyTransition #BatteryRecycling #Sustainability

The report states that "global copper demand will grow by around 70% to over 50 million tonnes (Mt) a year by 2050 and our view on how copper’s role in multiple applications will provide demand resilience". #EnergyTransition #Sustainability #Copper #MetalElement #CopperMaterial #MetalInnovation #CopperIndustry #ConductiveMetal #CopperAlloy #MetalTech #CopperApplications #CopperProperties #IndustrialMetal #CopperUsage https://lnkd.in/ehaWReBr

The National Engineering Policy Centre’s new report, 'Critical Materials: Managing the Minerals We Depend On', highlights the urgent need to secure a sustainable supply of critical minerals essential for energy transition and technological growth. With increasing demand for materials such as lithium, magnesium and cobalt, the report emphasises the importance of boosting recycling, sustainable mining and international collaboration. This report is instrumental in guiding policy development to tackle the growing challenges of mineral shortages, particularly with regard to meeting net zero targets. Read more: https://buff.ly/4eVJZoC #CriticalMinerals #Sustainability #NetZero

"Demand is growing for metals and minerals needed for the energy transition and to meet the insatiable appetite for technology products. But concerns are rising over how raw materials are sourced and the security of supply chains." Learn more: https://bit.ly/3UL0s6B By Mélissa Bourassi, Sustainability Research Analyst at Allianz Global Investors #SustainabilityNow #AchievingSustainability #Sustainability #RawMaterial #SupplyChains

In the report, "The Battery Mineral Loop," RMI presents a comprehensive strategy to tackle the rising demand for battery minerals. Contrary to popular belief, battery minerals are not the new oil. As battery demand escalates, the forces of efficiency, innovation, and circularity are set to drive peak demand for mined minerals within a decade — potentially avoiding mineral extraction entirely by 2050. This shift enables a transition from linear extraction to a circular loop, offering compounding benefits for climate, security, equity, health, and wealth. - Efficiency and Innovation: Improvements in chemistry mix, energy density, and recycling over the past decade have reduced lithium, nickel, and cobalt demand by 60–140%. Continuing this trend means peak virgin battery mineral demand will be reached by the mid-2030s. - Six Key Solutions: Accelerating progress through new battery chemistries, increased energy density, enhanced recycling, extended battery lifetimes, improved vehicle efficiency, and better mobility efficiency can help achieve net-zero mineral demand in the 2040s. - Circular Economy: By mid-century, end-of-life batteries will serve as the new mineral ore, minimizing the need for mining. Current reserves of lithium, cobalt, and nickel are sufficient to meet future demand, with announced mining projects almost fulfilling virgin demand needs. - Economic and Environmental Benefits: Achieving circular battery self-sufficiency requires only 125 million tons of battery minerals, 17 times less than the annual oil extraction for road transport and about 20 times cheaper at today’s prices. - China is leading the charge towards battery circularity, with projected mineral independence by 2042. However, with concerted efforts, the West and Global South can catch up and leverage this circular opportunity. Countries can rapidly transition from oil dependency to circular energy independence. To accelerate this shift, stakeholders, from governments to corporate innovators, must collaborate and embrace the circular economy's potential. Not covered in the report is where we should NOT use large amounts of batteries. We need them for mobility. Not for balancing the electrical grid. They cannot replace the need for power plants, even with cheap batteries and +80% wind power/PV. Download the full report in link below #Sustainability #CircularEconomy #BatteryMinerals #Innovation #ClimateAction #EnergyIndependence #Efficiency #Recycling #NetZero