Net zero metals: What does a credible roadmap look like amidst surging demand?
The question of how the mining industry can balance the growing demand for energy transition minerals, while significantly reducing emissions is one that perplexes the industry. To build the sustainable transport, cities and energy infrastructure of the future, we need an estimated 3 billion tonnes of metal (ICMM). Paradoxically, to meet Net Zero by 2050, the mining industry must cut emissions by 90% (Carbon Trust). Can the sector realistically ramp up production while cutting carbon? And if so, what would this actually look like?
- How miners can develop credible net zero strategies that reflect both climate goals and the realities of rising demand.
- The role of science-based targets in engaging the value chain in emissions reductions and maintaining accountability.
- What does progress look like in the short, medium, and long term, and how should companies phase their efforts accordingly?
- How can clearer definitions, standards, and certifications help turn “net zero metals” from a marketing term into a measurable goal?
- The practical steps companies can take to improve visibility and impact of Scope 3 emissions.