‘A tale of rapacious colonialism, Cold War spy games,
dazzling technical innovation, big business rivalry, big power geopolitics […]
an unflinching, landmark work on the nature of extractive capitalism.’ Patrick
Radden Keefe, bestselling author of Empire of Pain and Say
Nothing
‘Joseph Conrad called colonial ventures in Africa “the
vilest scramble for loot that ever disfigured the history of human conscience”.
After reading this book you might want to add the words “until now”’ The
Times
How we became addicted to a supply chain that wreaks
havoc across the globe.
Epic, shocking, and deeply reported, The Elements of
Power tells the story of the war for the global supply of battery
metals – essential for the decarbonization of our economies – and the terrible,
bloody human cost of this badly misunderstood industry.
Congo is rich. Swaths of the war-torn African country lack
basic infrastructure, and, after many decades of colonial occupation, its
people are officially among the poorest in the world.
But hidden beneath the
soil are vast quantities of cobalt, lithium, copper, tin, tantalum, tungsten,
and other treasures. Recently, this veritable periodic table of resources has
become extremely valuable because these metals are essential for the global
“energy transition”—the plan for wealthy nations to wean themselves off fossil
fuels by shifting to sustainable forms of energy, such as solar and wind.
The
race to electrify the world’s economy has begun, and China has a considerable
head start. From Indonesia to South America to Central Africa, Beijing has
invested in mines and infrastructure for decades. But the U.S. has begun
fighting back with massive investments of its own, as well as sanctions and
disruptive tariffs.
In this rush for green energy, the world has become utterly
reliant on resources unearthed far away and willfully blind to the terrible
political, environmental, and social consequences of their extraction.
If the
Democratic Republic of the Congo possesses such riches, why are its children
routinely descending deep into treacherous mines to dig with the most
rudimentary of tools, or in some cases their bare hands?
Why are Indonesia’s
seas and skies being polluted in a rush for battery metals? Why is the Western
Sahara, a source for phosphates, still being treated like a colony? Who must
pay the price for progress?
With unparalleled, original reporting, Nicolas Niarchos
reveals how the scramble to control these metals and their production is
overturning the world order, just as the global race to drill for oil shaped
the twentieth century.
Exploring the advent of the lithium-ion battery and
tracing the supply chain for its production, Niarchos tells the story both of
the people driving these tectonic changes and those whose lives are being
upended.
He reveals the true, devastating consequences of our best intentions and
helps us prepare for an uncertain future. If you have ever used a smartphone or
driven an electric vehicle, you are implicated.