Nation Gets Ready to Extract the Energy Transition's Seven Minerals

Energy attorney Inés Elvira Vesga was interviewed by El Colombiano about the reorientation of mining operations in Colombia, which prioritizes the extraction of seven minerals. The country will search for and extract copper, lithium, molybdenum, nickel, cobalt, magnesium and iron, all considered key and strategic minerals for the country's energy transition. Ms. Vesga said copper is the protagonist of the process toward decarbonization.

"There is a race among the countries to supply themselves with copper, in addition to the situation of its price increase. The International Energy Agency has indicated that the demand for this metal will grow until 2040 due to the decarbonization goals of COP 21. Thus, it is vital that existing resources are extracted to participate in this market," she insisted.

READ: Nation Gets Ready to Extract the Energy Transition's Seven Minerals