Emerging markets will require over 40% of investment,reflecting a shift in capital flows

RIYADH,Saudi Arabia,Dec. 5,2024 -- The Future Minerals Forum (FMF) has released its latest Report: "Shaping the Future of Minerals",offering insights into creating shared value across the mining ecosystem.

FMF2024 Report

According to Ali Al-Mutairi,Executive Director of FMF,"The Super Region has significantuntapped potential in mineralsthat can drive the energy transition. However,investment of US$5.4 trillion is required to sustain and expand global mining and processing facilities".

Key insights and the full report are available here.

Contributor quotes include:

Mark Cutifani,Chairman of Vale Base Metals: "Partnerships forshared,durable value creationand commitment to supporting commercial frameworks can go a longway toward meeting and exceedingkey stakeholder expectations".

Ionut Lazar,a Principal Consultant at CRU: "Collaboration across sectors is essential to meet global decarbonization targets. It is a global,multi-stakeholder challenge that requires strategic collaboration,especially if we want to move at pace and achieve the desired scale".

Patrick Barnes,Global Head of Metals and Mining Consulting,Wood Mackenzie: "Value addition can provide countries with increased GDP,more fiscal revenue from a larger tax base,increased export earnings and creation of jobs. But countries cannot afford to proceed blindly.Their plans have to take into account market dynamics,costs and benefits if they want to realise value".

Peter Bryant,Co-Founder and Board Chair,Development Partner Institute and Board Chair,Clareo:"Companies are taking on the responsibility of creating shared value,collaborating with new partners and at a deeper level. Government plays a key role in creating shared value by providing the springboards to investment and not being overly prescriptive."

Dr Michelle Michot Foss,fellow in energy andminerals,Baker Institute,Rice University: "While themining industry can do much to helpbuild and boost local and regionalbenefits,responsibilities lie withgovernment jurisdictions to ensurethat benefits linked to economicrents are allocated in ways that build trust".

Richard Rothenberg,Chief Executive Officer,Global AI Corporation: "As the demand forcritical minerals continues to grow,policymakers and investors shouldprioritize sustainable practices,community engagement,and transparentgovernance to ensure long-term success and positive public perception".