As philosopher Maimonides once said, “the risk of a wrong decision is preferable to the terror of indecision”. However, it appears the mining industry disagrees and is erring on the side of indecision. Why do I say this? At an industry level, there seems to be a reticence around investing sufficient capital to develop future supply at the pace and scale demanded by the energy transition. Such inaction in itself carries risks: failing to invest now will endanger the future supply of a number of commodities critical to achieving the ambitious net zero goals set by government and investors alike. So, why is the industry ... (full story)