Niocorp Developments Ltd (NB)

[The_Gman]

Critical minerals: US$16tn opportunity faces investment, sustainability concerns

Sustainability pressures present another hurdle, ICMM’s Dhawan pointed out.

“We’re in the strange position today where ESG is both increasing demand for commodities and constraining supply at the same time,” he said.

“It’s increasing demand because we’re all rightly concerned about decarbonisation. That means a huge increase in demand for all metals and minerals… but also concerns around water [and] other social issues are constraining supply.

“So at the very time when we need new mines to supply the demand, it’s probably the hardest it’s ever been to open a new mine today.”

https://www.ctrmcenter.com/ctrm-community/critical-minerals-us16tn-opportunity-faces-investment-sustainability-concerns/