Life as we know it could not function without mining. Everything we depend on is either made from minerals or relies on minerals for its production and distribution.
The Deloitte report Tracking the trends 2023 the indispensable role of mining and metals tells us:
“Mining underpins approximately half of the global economy and therefore, it has the greatest potential of any industry to positively influence social, environmental and economic development.”
The products of mining include aggregates for infrastructure, climate change adaption and housing; coal for heating hospitals and schools and making steel; gold, copper, cobalt, rare earth elements (REEs), lithium and vanadium for electronics, medicine, aviation, batteries, solar panels, electric vehicles, household essentials like whiteware, crockery and the list goes on.
Demand for mined minerals is increasing as the world looks to a low emissions future and New Zealand has a once in a generation opportunity to seize the opportunities and make a contribution to the world’s move to green technology.