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Debates about mining and the environment are often framed in terms of a "nexus" between extraction of a resource and the introduction of other resources into the extraction process.Because many renewable energy technologies are built with mined metals and minerals, the global mining industry will play a key role in the transition to a low-carbon future.Navigating the mining industry's resource nexus will require new governance models that can balance extraction practices with emerging energy needs – like those envisioned by the U.N.'s Sustainable Development Goals. Some within the global mining industry have recognized that the winds are changing. Declining ore grades require the industry to become more energy- and resource-efficient to remain profitable.Large mining companies can prepare for this shift by moving from fossil fuels to other materials, such as iron ore, copper, bauxite, cobalt, rare earth elements, and lithium, as well as mineral fertilizers, which will be needed in large quantities to meet the SDGs' targets for global hunger eradication.The global mining industry is on the verge of transforming itself from fossil fuel extraction to supplying materials for a greener energy future.
Global coordination is needed to manage natural resources
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