Inadequate mining investment will hold back the green energy transition, PwC warns

Insufficient reinvestment in mining will hold back the global energy transition away from fossil fuels, PwC has warned.

Briefing media on the release of the PwC Mine 2022 report on Wednesday, Andries Rossouw, the firm's Africa Energy, Utilities and Resources Leader, said inadequate supply of critical minerals used in clean energy technologies poses an acute risk to the pace of the energy transition.

"It's a critical time for miners and the shift to net zero will really mean that we need much more mining and not less," said Rossouw.