RMI, founded as Rocky Mountain Institute, today releases a report urging mineral industry leaders to holistically account for and monitor how minerals — such as aluminum, cobalt, and lithium — are produced and sourced around the world. The goal is to hold global markets accountable for the ecological and social impact of mineral extraction and create markets where commodities can be differentiated based on their sustainability characteristics.
The new report, Supply Chain Traceability: Looking Beyond Greenhouse Gases, arrives promptly after international discussions around the “just” energy transition at the annual United Nations’ Climate Change Conference, COP27, and a forecasted increase in demand for critical battery minerals. In fact, just last week the White House announced a $30 million investment in critical mineral supply chains in Brazil, through the US International Development Finance Corporation, to support supply chain resilience for the renewable energy transition.
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