Paradigm Shifts: Indigenous Groups & Mining Projects During Global Commodity Supercycle
Indigenous groups are coming out in opposition as more and more mining projects are being planned by coroporations and governments to spur economic activity during the Global Commodity Supercycle.
What’s the Paradigm Shift?
As the world is grappling with the global food crisis the world needs Brazil to produce more food, because it is already one of the world’s largest food-producing countries along with Ukraine.
Anyone who is interested in the future of global economic development or global commodities trading should read this extensive piece I put together about the next biggest global phenomenon in global mining and Environment, Social, Governance (ESG): the aspects of producer economy areas and indigenous groups’ issues.
These trends are part of the much larger geopolitical trends that have been kickstarted by the global COVID-19 pandemic. The global pandemic has caused several countries to unravel, with socio-political instability that was building up for decades, and causing the global economy to be shaken up with uncertainties, putting the world’s largest companies in some of the most vulnerable areas.
Copper is becoming one of the world’s most valuable commodites. Read more about this dilemma for China’s Rise and USA sanctions.
For the People’s Republic of China (PRC), most of the domestic sources of copper are being dug out of extremely politically sensitive areas on the Chinese Mainland — Tibet, Xinjiang, Inner Mongolia — so the political costs to the Chinese Communist Party (CCP) are tremendous. Not to mention the cobalt and lithium being extracted out of risky countries in the Democractic Republic of Congo (DRC).
In the future we will all view China’s activities in the metals space very carefully. That’s because the PRC keeps, and will keep, the future of global metals production and markets in their pockets for the foreseeable future.
Deep pockets come with high political costs. The PRC also doesn’t want to give this advantage up to the USA or any other country. But the backlash we’ve seen from the oil and gas industry against Russia’s actions in Ukraine, prompts a new discussion about global metal miners and producers and to what extent the PRC has influence over the global metals market.
I argue that these issues about ESG and global mining projects, as well as how indigenous groups and governments are responding to the Global Commodity Supercycle, are defined by a new paradigm shift. All of these trends, including the references and stories I’ve included here, should give us a broader understanding of what’s happening in geopolitics and the global economy after the COVID-19 pandemic.
Whether or not we can overcome our pre-conceived ideas about Energy and Commodities is going to be a key problem facing the world’s population after the global pandemic. We need to get more serious about Climate Change, but also look at how the world’s most valuable commodities are going to be needed and secured in the future.
The vitality of global economic growth still depend on many of the world’s commodities, especially those for producing fertilizer and metals which are energy-intensive. The goal of Net Zero 2050 is to produce these commodities with less energy intensity, not get rid of them completely.
Taking another issue at hand is Cybersecurity. This is not only a symptom of the issues; it is a core problem. One way to take down bad actors in cyberspace is for countries to cooperate throroughly on issues pertaining to maritime shipping and transportation. That’s why the maritime domain is crucial to our well-being in the future: food exports depend on shipping lanes and access to ports.
Read more about Global Commodities and ESG Trends:
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