More Mining, Not Less: An Essential Path to Achieve Net Zero

As the world grapples with the urgent need to transition towards cleaner and more sustainable energy sources to combat climate change, the role of the minerals sector has come under the spotlight. Mark Cutifani, the former CEO of Anglo American, has recently advocated for an essential yet often overlooked approach to reach the goal of net zero emissions – more mining. In his view, the resource sector must take a proactive role in educating academics, politicians, and bureaucrats about the critical contribution minerals play in society’s transformation towards a greener future.

The mining industry has long been a vital pillar of the global economy, supporting approximately 45% of all economic activity worldwide.

It serves as the foundation for modern industrial society and the development of new technologies. From infrastructure construction to renewable energy technologies, minerals play an integral role in facilitating progress and innovation. Therefore, any strategy aimed at achieving net zero emissions and transitioning to clean energy sources cannot afford to overlook the importance of the minerals sector.

The growing demand for clean energy technologies, such as wind and solar farms, as well as batteries, presents a unique challenge. While the goal is to reduce carbon emissions and minimise the environmental impact, these green technologies heavily rely on specific minerals. For instance, solar panels require metals like silicon, silver, and cadmium, while wind turbines depend on rare earth elements like neodymium and dysprosium. Even the batteries that power electric vehicles need lithium, cobalt, and nickel.

The paradox facing the mining sector is the need to meet the escalating demand for minerals while minimising harmful impacts on the environment. To maintain the delicate balance between the environmental concerns and the demand for minerals, the mining industry must invest in sustainable practices.

Emphasising environmental responsibility and adopting modern extraction methods that minimise harmful impacts on the environment will be crucial. Miners must prioritise sustainable development and be transparent about their efforts to address ecological concerns, including land rehabilitation and reducing water consumption.

Cutifani argues that a balance must be struck between meeting demand and ensuring environmental responsibility. It is not enough for the industry to merely claim it is working towards greener practices; tangible actions and investments in sustainable technologies are imperative. A proactive approach towards reducing the industry’s carbon footprint, enhancing reclamation efforts, and safeguarding the well-being of local communities affected by mining operations is paramount.

Education plays a pivotal role in altering the narrative surrounding the mining industry. The road to achieving net zero emissions and sustainable mining practices involves multiple stakeholders, including governments, businesses, communities, and environmental advocates. The mining industry must engage with these stakeholders in a meaningful and collaborative manner to build consensus and ensure all perspectives are heard. By actively promoting the advancements made in responsible mining practices and their contribution to society’s well-being, the sector can dispel misconceptions and foster a deeper understanding of its crucial role in building a cleaner future.

Federal Resources Minister Madeleine King acknowledges the critical role mining plays in the clean energy transition. Speaking at the recent World Mining Congress, King remarks supported the need for more mining, not less, to meet the demand for clean energy technologies. “We all have a role to communicate the importance of the minerals sector in supporting the transition to net zero,” she said. By supporting responsible mining practices, governments can help strike a balance between environmental preservation and meeting the increasing demand for clean energy resources.

The pursuit of a net-zero carbon future requires a pragmatic and balanced approach. While transitioning to clean energy technologies is essential, we must not overlook the importance of the minerals sector in achieving this goal. More mining, not less, is needed to meet the demand for the minerals required for renewable energy technologies. However, the industry must commit to sustainable practices, engage with stakeholders, and demonstrate environmental responsibility to ensure a greener and more prosperous future for all. Only by working together can we strike the delicate balance between the urgent need for clean energy and the responsibility to protect our planet.