The global demand for critical minerals – those that are essential to the economy and whose supply may be disrupted – is expected to soar in coming years. As countries transition to low-carbon economies and high-tech industries continue to grow, rare earth elements and minerals such as aluminium, copper and cobalt have a crucial role in the development of electricity networks, electronic vehicles, renewable energy and more.
This event follows the 2023 G20 Summit in India, where the resilience of critical minerals is set to be featured, at a time when large economies such as the European Union (EU), the US and Japan are publishing their own critical mineral strategies seeking to diversify supply chains – over which China currently dominates. Speakers will explore the geopolitical drivers of the race for critical minerals, discussing whether these have spurred investment in the mining sector and the opportunities this creates for resource-rich developing and emerging economies, as well as the resulting (geo)political, environmental, and social risks these countries must navigate. The event will also delve into the changing approaches to risk management in an increasingly volatile global landscape where multiple threats – geopolitical volatility, economic inequality and climate change – are shaping policy and regulatory responses.