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Climate Change Puts Mining Companies in Catch-22

As countries around the world work to reduce carbon dioxide emissions in an effort to slow global warming, the extraction of metals such as cobalt, nickel and copper grows even more important. Forecasts from the World Bank estimate that by 2050, the demand for minerals and metals needed to produce clean energy in order to meet the objectives set under the Paris Agreement will have grown by close to 500%.

This surge in demand is expected to affect nature and biodiversity negatively, however, with Re:wild warning that over one-third of great apes in Africa were at risk due to increased demand for minerals essential for green technologies. Simultaneously, one study determined that the mining sector was becoming more vulnerable to the impacts of climate change. The study noted that almost 50% of production for gold, copper, zinc and…

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NOTE TO INVESTORS: The latest news and updates relating to First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF) are available in the company’s newsroom at https://ibn.fm/FSTTF

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