In the future, modern and sustainable societies with increased prosperity will continue to demand, produce and purchase metals and minerals. They will be needed for example in infrastructure, communication equipment and sustainable energy systems (solar cells, wind turbines, batteries etc.). However, extraction of metals and mining of industrial minerals must be done sustainably. This means giving consideration to people, the environment and the economy.
Human aspects include health, social and cultural elements. Environment considerations must be given to emissions, waste management, post-extraction remediation, nature conservation, energy use and climate. Economic aspects include social development, prosperity, competitiveness, resource management and the circular economy. The mining and mineral industries affect all three dimensions of sustainability, both positively and negatively, but without the industry’s contribution, not least to supply materials for a necessary technological transformation of global energy systems, for example, climate change becomes difficult to solve.
InVia’s goal is to invest in mining projects that consider sustainability action plans in their operational strategy. All of us at InVia agree that due-diligence has to include a moral and economic ethos to meet the expectations of future investors.