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Changes Coming to the Mining Industry

Summary

Electric vehicles are changing the transportation industry. During its debut, the industry gained much popularity drawing from its claim to reduce carbon emissions significantly. However, recent findings show that calculating carbon emissions goes further in electrical manufacturing than considering the […]

Electric vehicles are changing the transportation industry. During its debut, the industry gained much popularity drawing from its claim to reduce carbon emissions significantly. However, recent findings show that calculating carbon emissions goes further in electrical manufacturing than considering the finished product. Experts looking into electric vehicle manufacturing show that the process needs to refine materials like nickel necessary in generating the highly needed battery cells that drive electric vehicles.

Likewise, the constant evolution of the electric vehicle industry leads to an increased demand for manufacturing components. This, in turn, leads to a larger need for a supply of this component to the companies. However, there are environmental concerns behind the extraction of these materials. For example, the extraction of nickel from concentrated deposits in the Earth leads to an extensive pollution rate to the environment. This concern caused Tesla CEO and founder Elon Musk to request suppliers to use environment-friendly extraction processes and minimize their carbon footprint.

The announcement has a significant impact as reports show that the issue came up in boardrooms across the world. Elon Musk’s request leads to an evaluation of mining practices to minimize the environment’s negative impact.

The request unearthed significant inhuman practices employed in extracting the required minerals. Part of the minerals in question is cobalt, a highly controversial mineral whose supply is essential for electric vehicle manufacturing. This new light shed on mineral processing shows the need for implementing ethical practices. The industry makes a significant improvement in these practices; however, they are taking hold gradually.

Likewise, the nickel sector is also experiencing a changing production mechanism following the cobalt mining industry’s footsteps. The most significant party affected by this announcement is Russian-based Nornickel. Nornickel is the world’s largest nickel miner, and its presence in the North Russian region has a significant impact on the lives of the indigenous people in the area. The company released the survey towards different practices to help the local community and support cultural programs.

The move toward a revitalized mining industry is long overdue. This is still a welcome inclusion as the world systems work towards a greener future. Experts raise concern over the industry’s capacity to become emissions-free. However, the electric vehicle industry still faces controversy over its involvement with inhumane practices involving mining essential production components. Elon Musk’s stance against the propagation of environment degrading practices serves to be an example of the principles the industry represents.

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