The transition to a net-zero society will require everybody, to leave no one behind. In its latest attempt to the mining sector, the International Monetary Fund (IMF), has detailed some minerals of significance for the Green economy.
In a statement, the IMF said electric vehicle batteries need lithium, solar panels use zinc, and wind turbines require copper.
About 3 billion tons of metals are required globally, to support the energy transition.
According to a blog from the IMF, although an investment in mining might be challenging, the following are required, some 8 kilograms (18 pounds) of lithium, 35 kilograms of nickel, 20 kilograms of manganese and 14 kilograms of cobalt, while charging stations require substantial amounts of copper.
So exactly how is it going to work?
Read more:
https://www.imf.org/en/Blogs/Articles/2021/12/08/metals-demand-from-energy-transition-may-top-current-global-supply