FOREWORD Preparing for the electrification S curve
“ Blockchain traceability is key to carbon neutrality , reducing emissions and meeting ethical considerations
The mining industry needs to step up exploration to get on the steep part of the ' S curve ' for the electrification mega-trends , according to Huw McKay , VP , Market Analysis & Economics at BHP .
None of the key metals is scarce , but what is in short supply are units of high-grade metal which can be extracted affordably .
The other key competing demand is the need to decarbonise consistently at scale – and at unprecedented speed .
His colleague , CCO Vandita Pant , said blockchain traceability is key to carbon neutrality , reducing emissions and meeting ethical considerations . The provenance and carbon emission of products are now critical , as the supply chain takes on greater scrutiny .
Some executives may still see mining , sustainability and technology in their silos but the reality is they are integrating ever more each day .
Those who take a holistic view should be better equipped to navigate the S curve .
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