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Scramble to control precious metals

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The Elements of Power is a tale of rapacious colonialism, war for the global supply of battery metals- essential for the decarbonization of our economies- and the terrible, bloody human cost of this badly misunderstood industry and Cold War spy games, dazzling technical innovation, big business rivalry, big power geopolitics. Niarchos produced an unfinching, landmark work on the nature of extractive capitalism. Congo is rich amid swaths of the war-ton African country lack basic infrastructure and after many decades of colonial occupation, its people are officially among the poorest in the world. But hidden beneath the soild are vast quantities … Continue reading Scramble to control precious metals

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Global push to power EVs, Smartphones and energy transition amid human and environmental costs

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Niarchos in The Elements of Power produces a tale of rapacious colonialism, cold war spy games and extractive capitalism”. Congo the war-torn African country lack basic infrastructure and after many decades of colonial occupation, its people are officially among the poorest in the world. But Congo is rich and hidden beneath the soil are vast quantities of cobalt, lithium, copper, tin, tantalum, tungsten and other treasures essential for the global energy transition- the plan for wealthy nations to wean themselves off fossil fuels by shifting to sustainable forms of energy such as solar and wind. The race to electrify the … Continue reading Global push to power EVs, Smartphones and energy transition amid human and environmental costs

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Supply of battery metals amid big business rivalry and geopolitics

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The Elements of Power is a tale of rapacious colonialism, Cold War spy games, dazzling technical innovation, big business rivalry, big power geopolitics. Nicholas Niarchos’s epic shocking story of the war for the global supply of battery metals- essential for the decarbonization of our economies- and the terrible, bloody human cost of this badly misunderstood industry. Swaths of war-torn Congo, the African country is rich but lack basic infrastructure, and after many decades of colonial occupation, its people are officially among the poorest in the world. But hidden beneath the soil are vast quantities of cobalt, lithium, copper, tin, tantalum, … Continue reading Supply of battery metals amid big business rivalry and geopolitics

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India has applied for two deep-sea exploration licences

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India which has two deep-sea exploration licences in the Indian Ocean, has applied for two more amid increasing competition between major global powers to secure critical minerals including cobalt, nickel, copper and manganese that lie thousands of meters below the surface of oceans which could hold key to a cleaner future. These metals are used to produce renewable energy such as solar and wind power, electric vehicle batteries. The UN-affiliated International Seabed Authority (ISA) has issued 31 exploration licences so far, of which 30 are active. Its member countries are meeting in Jamaica this week to discuss regulations around giving … Continue reading India has applied for two deep-sea exploration licences