Recent government policies, such as the US’s Inflation Reduction Act and the European Union’s proposed Green Deal Industrial Plan, demonstrate the growing need for critical raw materials through to the end of the decade and beyond, necessitating fresh investment in both primary supply and recycling, said Glencore CEO Gary Nagle on Wednesday, when the diversified mining and marketing company reported stunningly high record 2022 earnings. “As we run down our coal business, we’ll continue to invest in our critical minerals and provide the minerals and metals needed for the decarbonisation of the world’s energy grid.