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Resourcing Tomorrow focuses on accelerating the energy transition. It will examine the current and future economic and social dependence on resources, considering issues such as critical minerals supply, environmental resilience, digitalisation, the circular economy, ESG and our future workforce.

Stop by Booth #D02 to say hello, connect with SLR staff and learn how we can support you on your next project.

Keynote Panel: Bridging the Disconnect to Supply the Metals Required for the Energy Transition

28 November 11:30 AM Resourcing Tomorrow Theatre

The energy transition is a supply challenge. The energy transition means moving to a cleaner, more sustainable future. However, the minerals required to produce electric cars, wind turbines and other new energy technologies raise some difficult supply issues.

An average electric vehicle (EV) requires six times the amount of minerals as a conventional car, reports the International Energy Agency (IEA), including materials like nickel, cobalt, and lithium that a petrol vehicle typically does not need. An onshore wind plant, meanwhile, needs nine times more mineral resources than a gas-fired plant. The World Bank estimates that demand for metals could increase tenfold by 2050. Reaching net zero by 2050 will require an estimated 3 billion tonnes of metal, as well as significant investments of roughly US$9.2 trillion each year. So, how will the industry get there?

Issues discussed include:

  • What can be done to bridge the supply gap? Will the increased supply come from the majors, mid-tiers, or juniors?
  • How can miners be agile and diversify their commodity base?
  • How can the industry collaborate to achieve these goals?
  • How can governments help achieve these goals? What has been the impact of the US Inflation Reduction Act?
  • What is the role of technology in bridging the supply gap?

Panellists:

Moderator: Maria-Yassin Jah, ESG Advisory Team, SLR Consulting

Mark Bristow, Chief Executive Officer, Barrick

Brian Menell, Chairman & CEO, TechMet

Phillips Baker, President and Chief Executive Officer, Hecla Mining

Rasheed Abdullah AlRushaid , Chairman & CEO, AlRushaid Group