UNECE Sustainable Energy’s Post

🚀💬 𝗨𝗻𝗹𝗼𝗰𝗸𝗶𝗻𝗴 𝘁𝗵𝗲 𝗘𝗨'𝘀 𝗖𝗿𝗶𝘁𝗶𝗰𝗮𝗹 𝗥𝗮𝘄 𝗠𝗮𝘁𝗲𝗿𝗶𝗮𝗹𝘀 𝗣𝗼𝘁𝗲𝗻𝘁𝗶𝗮𝗹! 🌍🔐 Hey European mining enthusiat👋 Big news from the European Council – final approval has been given on the Critical Raw Materials Act (CRMA), reinforcing the EU's strategic autonomy. After being signed by the Presidents of the European Parliament and the Council, the regulation will be published in the Official Journal of the European Union and come into force within twenty days. 📈💡 𝗪𝗵𝘆 𝗱𝗼𝗲𝘀 𝗖𝗥𝗠𝗔 𝗺𝗮𝘁𝘁𝗲𝗿 𝘁𝗼 𝘆𝗼𝘂? As the EU shifts gears towards clean energy, the demand for base metals, battery materials, rare earths, and more is reaching new heights. This act is our roadmap to a sustainable future, focusing on supply diversification, circularity, and innovation. With permits for mineral projects set to be granted within a maximum period of 27 months and for recycling and processing projects within 15 months, the EU is committed to meaningful community engagement and thorough environmental impact assessments. Ready to be part of the change? Let's talk! 🌱🌈 #EUrawmaterials #CriticalRawMaterials #EUGreenTransition #Sustainability

Excited to see the ESG Handbook for the marine minerals industry finally being published! The purpose of the guidance document is to enable transparent and consistent reporting of material ESG topics of marine mineral projects in the context of global standards. For press release and link to the ESG Handbook: https://lnkd.in/e5BPT5C9 #marineminerals #ESG #criticalminerals

On the 18th of March 2024, the European Council adopted the European Critical Raw Materials Act (CRMA), as demand for battery minerals, critical minerals and rare earth elements will increase exponentially in the coming years as the EU move away from fossil fuels and turns to clean energy systems. This was the last step in the decision-making procedure for CRMA. Eurobattery Minerals CEO, Roberto García Martínez, comments the final approval: “As a company focused on develop and run several nickel, cobalt, and copper projects in Europe and thus provide the region with responsibly mined battery minerals, we are pleased with the approval of the CRMA. The act proves that the EU has realized that Europe needs to be more self-sufficient in responsibly mined battery minerals to power a cleaner continent.” The goal with CRMA is to ensure a stable, transparent, and eco-friendly supply of crucial materials for EU industries. The CRMA streamlines permit procedures for the mining industry, with extraction permits capped at 27 months. It sets ambitious targets for local extraction, processing, and recycling, aiming for greater self-sufficiency in Europe. Following the Council’s approval today of the CRMA, the legislative act has been adopted. The CRMA will enter into force on the twentieth day following its publication in the Official Journal of the European Union. You can read the press release from the Council here: ➡️ https://lnkd.in/eQGZ4XNA #EurobatteryMinerals #ResponsibleMining #CRMA

The urgency to find critical raw materials for a clean energy future is undeniable. 𝐁𝐮𝐭 𝐚𝐫𝐞 𝐰𝐞 𝐩𝐫𝐞𝐩𝐚𝐫𝐞𝐝 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐞𝐧𝐯𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭𝐚𝐥 𝐚𝐧𝐝 𝐬𝐨𝐜𝐢𝐚𝐥 𝐜𝐨𝐬𝐭𝐬 𝐭𝐡𝐚𝐭 𝐜𝐨𝐦𝐞 𝐰𝐢𝐭𝐡 𝐭𝐫𝐚𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐦𝐢𝐧𝐢𝐧𝐠? On March 18, the Critical Raw Materials Act (CRMA) was approved in the #EU, aiming to boost domestic mining and secure a steady supply of these crucial elements. The CRMA identifies 34 critical and 17 strategic raw materials essential for green technologies, digital advancements, and even defense and space industries. Ambitious goals are set: 𝟏𝟎% 𝐨𝐟 𝐭𝐡𝐞 𝐄𝐔'𝐬 𝐫𝐚𝐰 𝐦𝐚𝐭𝐞𝐫𝐢𝐚𝐥𝐬 𝐧𝐞𝐞𝐝 𝐭𝐨 𝐜𝐨𝐦𝐞 𝐟𝐫𝐨𝐦 𝐥𝐨𝐜𝐚𝐥 𝐞𝐱𝐭𝐫𝐚𝐜𝐭𝐢𝐨𝐧, 𝟒𝟎% 𝐬𝐡𝐨𝐮𝐥𝐝 𝐛𝐞 𝐩𝐫𝐨𝐜𝐞𝐬𝐬𝐞𝐝 𝐰𝐢𝐭𝐡𝐢𝐧 𝐭𝐡𝐞 𝐄𝐔, 𝐚𝐧𝐝 𝐚 𝐪𝐮𝐚𝐫𝐭𝐞𝐫 𝐬𝐡𝐨𝐮𝐥𝐝 𝐛𝐞 𝐬𝐨𝐮𝐫𝐜𝐞𝐝 𝐟𝐫𝐨𝐦 𝐫𝐞𝐜𝐲𝐜𝐥𝐞𝐝 𝐦𝐚𝐭𝐞𝐫𝐢𝐚𝐥𝐬. The EU faces a complex challenge. Diversifying supply chains for these materials is crucial to achieve net-zero emissions by 2050. Yet, traditional mining often comes at a steep price for the environment and local communities. #Mining disrupts ecosystems, pollutes water sources, and can displace populations. Refining these materials locally further adds to the environmental burden. Is mining the only path forward? We need truly #sustainable solutions and innovation is the key. At UP Catalyst, we believe in a future where clean technologies don't rely on environmentally destructive practices. We're pioneering a groundbreaking approach – developing a secure supply of sustainable graphite from CO2 emissions. Let's embrace a green transition that's truly green! We can achieve net-zero goals without sacrificing the environment. Share your thoughts in the comments below – is mining the way forward? #CRM #supplychain #policy #environment https://lnkd.in/d2QmE5B8

My interview with the European Court of Auditors Journal about the EU’s industrial policy trilemma, of finding a path between the interacting demands of three policy goals – the green transition, affordability for EU citizens, and economic sovereignty, is now available to read online. “Take the mining of lithium and other critical raw materials in Europe. Getting this out of the ground, from discovery, takes between 12 to 16 years. So if you find lithium now, you are looking at 2040 before it actually becomes available . What do you do until then? Consequently, as auditor you end up at looking at the how […] We do not provide a solution to [the EU’s trilemma]. Because that is not our task. But we can highlight the choices the EU has to make, and how one goal can perhaps come at the detriment of another.” https://lnkd.in/eJnKv--s

Good article from the perspective of the European Court of Auditors of various interlinked strands of Europes industrial strategy, touching on batteries, raw materials and solar.

ESG performance of energy storage companies is becoming increasingly important to investors and developers in the space. Disclosure of the sourcing practices of critical minerals is key to assessing the progress made in implementing sustainable supply chains. Our most recent article covers: 1. Governmental efforts to address cobalt supply chain issues 2. Private sector efforts to address cobalt supply chain issues 3. Cobalt supply chain disclosure efforts of leading battery companies https://lnkd.in/drT4WxP3

The Green Transition NEEDS raw materials! Growing demand for sustainable products goes hand in hand with an ever-growing demand for mined minerals and metals. Europe already has a mining industry aligned with high European ESG standards, providing good European jobs, and ready to deliver on a growing demand. https://lnkd.in/eKktC_T8 Euromines #rawmaterials #metals #innovation #sustainability #mining #responsiblemining #supplychains #greentransition

As Vertaeon makes strides in #EVBattery value chain assessments, and in #ESG risks, we find a reinforcing need for #supplychain visibility, resilience, and sustainability for #criticalminerals. In March 2024, the governments of Australia & Canada issued this joint statement (non-legally binding) to set out shared priorities for critical minerals. These include driving ESG efforts, driving the development of critical minerals supply chain transparency and traceability, and more. Read here: https://lnkd.in/e4hkUUAt

🆕 Open-access 🆓 Our analysis of #CriticalMineral strategies in Australia. Across 17 strategies from the commonwealth and most states and the NT governments over $6.6bn has been dedicated to upgrading critical mineral development, including processing technology. Despite every strategy claiming that Australia's high ESG standards are a competitive advantage for our exports, very little effort is made to upgrade environmental or social outcomes or the rights of First Nations. To maintain and capitalise on our 'ethical' competitive advantage, real reforms are needed. Co-authored with Neil Coe School of Geosciences University of Sydney https://lnkd.in/d3sMCvFa