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Shyam Sundaram and Jeffrey Berger
This is an excerpt from an article originally published on ImpactAlpha.com.
From Washington to New Delhi, Beijing to Pretoria, governments and investors are pouring billions into mines, refineries and “friend-shoring” alliances to diversify their sourcing for critical minerals, reducing their dependence on any single supplier nation. Why? As the world rewires its economy for AI, clean energy and advanced robotics and manufacturing, minerals like lithium, cobalt and nickel have become the new oil: strategic, scarce and geopolitically charged.
The logic is that whomever controls the critical minerals supply chain will control the 21st century economy. But beneath this scramble lies an inconvenient truth: The global pursuit of mineral security is once again shifting social and environmental risks onto some of the world’s most vulnerable regions.
Read the full article here: https://impactalpha.com/the-future-runs-on-critical-minerals-it-doesnt-have-to-be-built-on-fragile-ground/
In the video below, Dalberg Advisors Principal Jeffrey Berger, co-author of the article, reflects on the foundations of electrification and digitization and why the materials behind these systems deserve as much scrutiny as the technologies themselves:
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