Critical minerals policies need clearer interface with scientifically credible targets
Abstract Nontechnical Summary The need for critical minerals for various technologies for commercial and defense use has led to a range of national policy interventions. However, many of these new laws to encourage mining, or protect local industries have not considered as scientific data on mineral...
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| Main Authors: | , , , , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Cambridge University Press
2025-01-01
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| Series: | Global Sustainability |
| Subjects: | |
| Online Access: | https://www.cambridge.org/core/product/identifier/S2059479825100148/type/journal_article |
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| Summary: | Abstract
Nontechnical Summary
The need for critical minerals for various technologies for commercial and defense use has led to a range of national policy interventions. However, many of these new laws to encourage mining, or protect local industries have not considered as scientific data on mineral reserves or the economic viability of setting specific targets. The EU’s Critical Raw Materials Act is a pivotal case in point that illustrates this challenge. We present a review of the range of laws and policies that have been set forth worldwide.
Technical Summary
Growing international conflict between countries that have large mineral production and processing capacity and those which are in demand of critical raw materials for new technologies has led to a proliferation of policies that promote resource nationalism or ‘friend-shoring’. We analyzed over 400 critical raw material policies to date that have been documented by the International Energy Agency's policy tracking tool and present the findings of the six most active jurisdictions. The EU's Critical Raw Materials Act which came into force in May 2024 stands out as the most significant legislative step taken thus far but needs better interface with environmental and social data on impacts and benefits. By analyzing the challenges faced by lithium mining projects across a range of technologies and geographic locations in Europe, we suggest the use of data generated from life cycle analyses, economic geological calculations, and ecosystem service valuation in improving the implementation of such policies and also mitigate social conflicts.
Social Media Summary
There are now more than 400 critical raw material policies worldwide, but they need to be predicated in economic and geological data to be effective.
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| ISSN: | 2059-4798 |