Demand for minerals and metals is rising, but capital poses the biggest risk for industry leaders aiming for net-zero. Read how the industry can overcome these challenges in the latest EY mining & metals study. #COP29 #Mining #Metals #ShapeTheFutureWithConfidence
Xinyue Xu
1w
The rising demand for minerals and metals highlights both opportunities and challenges for achieving net-zero. Addressing capital risks through innovative strategies and partnerships will be crucial for the industry’s sustainable future. EY’s insights are timely and thought-provoking!
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EY, - As demand for minerals and metals grows, the pressure is on industries to meet the needs of a net-zero future. - Capital investment is a major challenge, as industry leaders navigate the balance between sustainability and profitability. - Moving toward net-zero requires not just ambition, but significant financial backing to scale green technologies. - While the demand for key resources increases, the capital to innovate and transform remains the biggest hurdle. - The industry needs to shift its focus from short-term gains to long-term sustainability, even if the financial road is tough. - If we want a sustainable future, companies must think beyond profits and invest in greener, more efficient methods. - Securing the capital to fuel this transformation will define the success of industries in the next decade. - It's not just about meeting current demands; it's about building a foundation for future generations. - With the right investment, industries can innovate, reduce emissions, and drive global change. - The true challenge is not just producing more, but doing it in a way that benefits both business and the planet.
Interesting
YI YAN
1w
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1wThe green revolution is here, and it's hungry for minerals! From EVs to solar panels, demand for metals like lithium, nickel, and copper is skyrocketing. The path to a sustainable future isn't paved with gold – it's riddled with challenges. Capital is king, and securing funding for green projects is tougher than ever. Staying ahead, industry leaders must innovate, collaborate, and embrace circular economy principles. Recycling, resource efficiency, and responsible sourcing are the new buzzwords. Investing in cutting-edge technologies, forging strong partnerships, and prioritizing sustainability, the mining industry can power the green revolution and secure a prosperous future. Let's mine the opportunities, minimize the risks, and build a greener tomorrow, together!