In this episode, NEXGROW discusses a new report from the International Raw Materials Observatory that explores four potential scenarios for mining in 2050, from a technology-fueled boom to a resource nationalism-driven downward spiral. The report emphasizes that the choices made today will determine which path the industry takes. Will it be a future of international cooperation and sustainable development or one of conflict and environmental degradation?
Here's how to navigate this complex future:
- Embrace technological innovation but ensure it narrows inequality gaps.
- Build strong community relationships; engage locals for societal acceptance.
- Implement stable policies to create trust and predictability in the sector.
- Manage demand volatility through long-term contracts and cooperation.
- Foster international collaboration to address shared global challenges.
#FutureofMining #Mining2050 #CriticalMinerals #Sustainability #Geopolitics #nexgrow
