Part 8/11:
The conversation turned to global supply chains and how they affect the future of resources like copper and lithium. Stausholm observed that the industry is transitioning from a demand-driven economy to a supply-driven one. This shifts focus on the necessary materials that will be critical for creating sustainable technologies to meet the energy transition objectives.
He candidly discussed the challenge of accessing high-quality resources, such as copper, which, although available, are increasingly expensive to extract. For companies in the sector, like Rio Tinto, technological solutions like Palena’s data analytics provide a framework for improving exploration efficiency and ultimately accessing those critical resources.