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  "documentTitle": "ey energy and resources transition acceleration",
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      "text": "Our survey of global mining and metals leaders revealed access to capital is considered the sector's second-highest risk.",
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      "text": "Funding exploration and development will require investment in mining and metals to significantly increase from current levels. Our survey of global mining and metals leaders revealed access to capital is considered the sector's second-highest risk. Environmental, social and governance (ESG) issues were number one and highlight how improving the sector's reputation can form part of the solution to help increase supply (winning over communities, investors, regulators and talent). The role of mining and metals companies in supporting countries' energy transitions is seriously undervalued – changing the energy system simply cannot happen without miners.",
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      "text": "Meeting demand will require miners to overcome the growing bottlenecks around finding, extracting, processing and transporting these minerals and materials. Building stronger relationships with government could see permits issued faster, and shorten the timeline from discovery to processing, but solving the problem will require miners to develop a sophisticated level of understanding of individual markets. Geopolitical tensions are increasing in many regions, and resource nationalism is likely to rise further, leading to more royalties and restrictions. Miners may need to consider partnerships with local businesses as a response to protectionism. And strategic alliances with other industries, such as automakers, can create integrated value chains that reduce costs and friction, open up access to new sources of capital, and speed up the build of new energy technologies.",
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      "text": "Localized, renewable energy, as well as the proliferation of energy solutions such as EVs and offshore wind farms, will also redefine value chains. Demand for minerals and metals used in new energy technology will soar.",
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