Understanding How Critical Minerals Influence the Energy Trilemma

The International Energy Summit is now just four weeks away and we are busy finalizing the program. One of the panel discussions we are excited about is Understanding How Critical Minerals Influence the Energy Trilemma.

Environmental regulations and a lack of investment have led to the mining industry in the US and much of Europe being a shadow of what it once was. Against that picture is the reality that all minerals are critical for modern life, to improve the lives of billions who need energy, food and water and to ensure security of nations much less supply the raw materials to feed energy transition ambitions.

As the world continues to pivot towards clean energy solutions, the responsible sourcing, manufacturing and usage of critical minerals becomes a material watch point in the drive to net zero. This shift to lower carbon technologies is driving critical minerals increased global demand and may be a valuable contribution to vital economic growth in developing countries. Like traditional oil and gas early investments, mineral wealth can materially improve a nations revenue and citizens economic livelihood if managed properly and safely. However, a significant portion of the worlds critical minerals are in challenging jurisdictions with high above ground risk.

Ultimately, we need to better understand the risks and uncertainties associated with the supply and processing of minerals and materials, including our high value hydrocarbons streams, and the impact these will have on future energy sources and technologies.

Chaired by Andrea Oggiano, General Counsel for the Americas, ENI and featuring insight from Fernando Aguirre, Senior Partner, BAQSN Law Firm and Michelle Michot Foss, Ph.D., Fellow in Energy, Minerals & Materials, Center for Energy Studies, Baker Institute for Public Policy, Rice University, this panel will explore what are the most critical minerals, what are the global policies in play that air and support the development of these resources, how can we impact the current policies for responsible sourcing and mining of these minerals, and what are the lessons learned from the traditional oil & gas businesses that can translate into responsibly realizing the value of critical minerals in this clean energy transition.

The Association of International Energy Negotiators, formerly Association of International Petroleum Negotiators, is an independent not-for-profit professional membership association that supports international energy negotiators around the world enhancing their effectiveness and professionalism in the international energy community. Founded in 1981, AIEN has roughly 2,800 members in more than 110 countries, representing international and national energy companies, governments, law firms and academic institutions

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