Critical Mineral Mining Requires Overhaul to Enable Energy Transition
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The world needs more critical minerals to enable the transition to clean energy, requiring substantial new mining investment.
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Governments claim they want to encourage mining of critical minerals but often undermine it through resource nationalism and red tape.
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Getting permits can take nearly a decade; streamlining regulations could accelerate projects.
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Multiple sustainability standards across jurisdictions drive up mining costs. Common standards could help.
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If miners don't invest due to government obstacles, the energy transition will happen more slowly.