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Stock impact report

Critical mineral mining is key to the green transition, but experts warn reputational risks remain [CNBC]

Royal Bank Of Canada (RY) 
Last royal bank of canada earnings: 2/21 06:00 am Check Earnings Report
US:NYSE Investor Relations: rbc.com/investorrelations/index.html
Company Research Source: CNBC
Critical minerals include metals such as copper, lithium, nickel, cobalt and rare earth elements, and are important components in emerging green technologies such as wind turbines and electric vehicles. Speaking on a panel at Singapore's annual Ecosperity Week, which ended Wednesday, mining industry experts and investors said the growing demand from green tech makes it necessary to increase government support and capital flows into the critical mining sector. “Simply put, we cannot achieve the goals of the Paris Climate Agreement to reduce carbon without more mining, and the use of critical minerals,” said Adam Matthews, chair of the Global Investor Commission on Mining 2030, an investor-led initiative aimed at reforming the mining industry to address sustainability risks. Meeting the demand for copper alone over the next decade will require over $200 billion in capital, according to the Royal Bank of Canada However, the panel said the critical mineral sector has struggled to Show less Read more
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