Research firm McKinsey’s inaugural ‘Global Materials Perspective’ report shows that, while the green energy transition could generate 340 000 global jobs to scale critical minerals and metals supply by 2035, 1.25-milion jobs may be at risk, driven by the associated decrease in thermal coal demand. The report, which was published on September 17, focuses on the new phase of the energy transition where costs, complexity, challenges and trade-offs are beginning to play out, showing the intertwined dynamic between the energy transition and materials, highlighting how it is creating adaptive challenges for the industry.
