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Transnational Institute

Smoke and Minerals

Smoke and Minerals

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Smoke and Minerals
How the mining industry plans to profit from the energy transition

While most of us probably rarely think about it on a daily basis, the handful of transnational corporations that dominate the mining industry play a key role in providing inputs for goods we use every day – from smartphones to food. Their profits stem from their role in the production of these goods: control of extraction of minerals at the starting point of the vast global supply chains that stretch from Chilean and Congolese mineral landscapes to – in the case of smartphones – our pockets.

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