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#Post#: 31--------------------------------------------------
Create charts and more features in the new Bing Chat update
DIR By: chandna rani
Date: September 9, 2023, 5:49 am
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Earlier this year, a number of Mexican activists disappeared,
probably because they had been involved in anti-mining
activities. The final products obtained from the most important
industrial metals are used by a very small percentage of the
world's population. If the final mineral product represents an
environmental, social or economic benefit, the communities that
are immediately affected by its extraction are not the ones that
receive it.
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The mines provide some jobs, which is important, especially in
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depressed rural communities. But these
jobs are seasonal, transitory, poorly paid, and subject to the
volatilities of the commodity market . During the pandemic, mass
layoffs occurred as fuel, oil and coal markets collapsed. Will
the mining sectors suffer any changes when these metals are used
in technologies and infrastructure that support a renewable
energy system? I have no expectation of a deep transformation,
but the intersection of extraction and greener technologies is
putting new pressure on the mining industry.
This is leading the public to understand that multinational
mining companies are not the saviors of the environment; Many of
these companies, for example, still have assets linked to coal.
While mining companies are accustomed to scrutiny from
grassroots anti-mining activists, they are less accustomed to
pressure from the other part of the supply chain, be it their
investors who have announced their commitment to environmental,
social and corporate governance principles. [ esg criteria ], or
green consumers. Mining companies and, to a certain extent,
automotive companies feel besieged by criticism from all sides.
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