Mining Magazine April 2019 | Page 86

TOP 10
86

10 Demanding

provenance

Electric Vehicles ( EVs ) and battery minerals have piqued desire for provenance amid increasing demand for battery materials such as cobalt , lithium , graphite , and copper . With provenance of raw materials under scrutiny , downstream customers , such as automotive manufacturers and technology giants , are demanding ethically-sourced minerals . Mining companies are under pressure to create a more transparent customer interface and adopt technologies such as blockchain to enhance the traceability of commodities . Ian Sanders , Mining & Metals Leader Deloitte Australia , advises : “ Mining companies that can respond rapidly may see a first mover advantage that allows them to earn a premium on their products .”
APRIL 2019