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How Europe's carbon tax is reshaping mineral markets

Lavudya, Sravan
Colorado School of Mines. Payne Institute for Public Policy
Littlefield, Anna
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2026-04-15
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Across the global minerals sector, from mines in Australia to refineries in Brazil and smelters in South Africa, a new force is reshaping the landscape.  It is not being driven by markets or technology but by policy coming out of Brussels.  The European Union's Carbon Border Adjustment Mechanism (CBAM) is more than just a policy; it's an earthquake shaking the foundations of global mineral trade, prompting exporting countries to acknowledge an unavoidable question: shape up or ship out.
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