Comprehensive Showcase of Global Low Carbon Metals Innovations & Startups<\/p>\n\n\n\n
From CLIMAFIX, the leader in climate innovation intelligence<\/p>\n\n\n\n
Low Carbon Metals Introduction: <\/strong><\/p>\n\n\n\n The mining and metals sector is a large contributor to CO2<\/sub> emissions. Between the two, the metals production section dominates CO2<\/sub> emissions.<\/p>\n\n\n\n Steel production is one of the largest emitters of CO2<\/sub> emissions, with over 2.5 billion tons of annual emissions. Aluminium production results in CO2 <\/sub>emissions of about 1 billion tons per annum. Compared to these, the total mining industry (for all prominent metals) emits a relatively smaller 400 million tons of CO2<\/sub> per annum.<\/p>\n\n\n\n But mining is more than just CO2<\/sub> emissions. Mining operations also degrade land and there could be negative effects on the nearby regions\u2019 ecosystems too. And we are not talking small numbers – there are over 10,000 abandoned mines in Canada alone, with the US likely to have multiple times that many. In addition to direct CO2 <\/sub>emissions from mining operations, the large amounts of unused mining waste and the ecosystem damages from mining could indirectly result in significant opportunity costs in the context of decarbonization – for instance, by depriving these large tracts of lands of trees and biomass which can sequester carbon from the atmosphere.<\/p>\n\n\n\n Decarbonization efforts in the metals and mining sector have been quite recent, and most of them are right now focusing on emissions reduction by purchasing renewable power (solar or wind power), and through energy efficiency measures (waste heat capture, for instance) in their operations. While these efforts can contribute to reasonable decarbonization, the real potential for decarbonization lies in dramatically reducing the energy needed for their core production processes, and for that, electrification of heating could play a vital role. Such electrification is, however, in its very initial stages for this sector.For the 2020-2030 period, innovations for decarbonizing the metals and minerals sector could be around the use of green hydrogen, CO2<\/sub> capture & use, use of metal scraps & tailings, and effective recycling of metals.<\/p>\n\n\n\n The Low Carbon Metals Innovations & Startups Report provides insights on the following:<\/strong><\/p>\n\n\n\n For each startup, the following inputs are provided:<\/strong><\/p>\n\n\n\n The Low Carbon Metals Innovations Report is part of CLIMAFIX 500, a comprehensive global climate innovation and startup report. <\/p>\n\n\n\n\n
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