Securing Mineral Supply: Backwards Vertical Integration for Technology Companies

Master of Public Policy, Harris School of Public Policy, University of Chicago student researcher Christian Gaona writes about how the demand for minerals has increased with the growing production of standard technologies, such as EV car batteries, wind turbines, and solar panels. However, major mining companies need help to satisfy the demand at the current rate, leading to inconsistent and expensive supply chains and environmental and geopolitical concerns. Technology companies should consider backward vertical integration strategies to mitigate against risks associated with supply chain issues, which would merge upstream processes essential to companies’ value chains.This article explores how tech companies are best suited to provide the capital and skill sets to overcome the risks associated with mineral extraction and ensure a cleaner, sustainable energy future.  March 9, 2023.