RE:Political Risk in Mining Should also mention the article suggest a possible opportunity for mining investors with a longer time horizon re. the anticipated demand for key metals / minerals that will likely be needed if you believe in the transition to a green future.
Excerpt from the article:
...The International Energy Agency (IEA) forecasts demand for minerals used in EVs and battery storage will grow at least 30 times by 2040.
Lithium should see the fastest growth, the agency said, with demand growing by over 40x in its Sustainable Development Scenario by 2040, followed by graphite, cobalt and nickel (around 20-25 times). The expansion of electricity networks means that copper demand more than doubles over the same period.
...The IEA says solar plants, wind farms and electric vehicles generally require more minerals to build than their fossil fuel-based counterparts. A typical electric car requires 6x the mineral inputs of a conventional car and an onshore wind plant requires 9x more mineral resources than a gas-fired plant....