This research paper explores the complex dynamics of mineral demand in the context of the global shift towards a low-carbon economy. The study categorizes minerals into cross-cutting and specialized categories, examining their varied demand-related risks based on their applications in different low-carbon technologies. Focusing on minerals like copper, chromium, molybdenum, lithium, graphite, and cobalt, the research assesses their role in environmentally friendly power generation and storage methods. The paper delves into the challenges posed by concentrated minerals with higher demand uncertainty and explores the implications of replacement, productivity gains, and recycling on mineral demand. It also discusses the climate change implications, examining the greenhouse gas emissions associated with mineral extraction and processing for energy-related products. The study concludes by proposing a comprehensive strategy for addressing environmental goals, ensuring sustainable mineral extraction, and fostering collaboration between stakeholders in the mining, energy, and sustainability sectors. The research advocates for the integration of technological advancements, environmentally conscious practices, and recycling initiatives to meet the rising mineral demand in a sustainable manner.
Anamitra Banerjee is a foreign policy analyst. Over the years she has been working with international organizations, Diplomatic missions, and Think Tanks in various capacities. Her specialization is in the areas of strategic communication. She is a frequent columnist and commentator for journals and newspapers across the world. She has a Bachelor of Science degree in Geography from Loreto College, Kolkata under Calcutta University, and is currently pursuing dual Post graduation in Defence & Military Strategic Studies. For several years her academic pursuits have been focused on comprehending and honing skills in the domain of Defense Studies.
Anamitra has also interned and volunteered with several intra-governmental organizations like UNV and thus revamping her skills in disclosing actionable insights with data-driven research and analysis capabilities. Her volunteering and leadership skills have given her a hands-on approach in providing sustainable opportunities and pragmatic solutions for all in the long run through campaigns, social media marketing strategies, and collaboration with different agencies. As an international volunteer, she is also engaged in a lot of CSR activities, which helps her to understand the emerging complications from the perspectives of a client and come up with unique solutions while keeping in mind the needs of the customer. She has also worked with small media houses and think tanks as a freelancer and research intern to fulfil the mandated requirements of her postgraduate study.
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