Conference Agenda
Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).
Please note that all times are shown in the time zone of the conference. The current conference time is: 24th Aug 2026, 01:52:43am WEST
External resources will be made available 30 min before a session starts. You may have to reload the page to access the resources.
|
Daily Overview |
| Session | |
|
Thematic Session: Critical Minerals for the Clean Energy Transition (Streaming) Location: B008 Session Chair: Joelle Noailly, Graduate Institute of International and Development Studies, Geneva Session Chair: Gerard van der Meijden, Vrije Universiteit Amsterdam | |
    | |
Input uncertainty in the green transition: Firm-level evidence on critical minerals London School of Economics and Political Science (LSE), United Kingdom We study how uncertainty about critical-mineral inputs affects firm performance, separating this second-moment channel from first-moment shocks and broader firm-level uncertainty. Using earnings-call transcripts matched to financial data for more than 14,000 publicly listed firms in 92 countries (2010-2022), we construct text-based measures of firm-level exposure to mineral-specific risk. Higher perceived mineral risk is associated with lower revenue growth among downstream non-mining firms, consistent with risk-averse firms contracting output under input uncertainty. A one-standard-deviation increase in mineral risk is associated with 0.71 percentage points lower revenue growth for the average non-mining firm, rising to roughly 1.9 percentage points for smaller firms. The effect is driven by firms reliant on non-traded minerals such as lithium, cobalt, and rare earths. Mining firms and firms exposed to exchange-traded minerals show no significant response. Discussion of hedging and stockpiling rises with price volatility rather than price levels, supporting a risk-aversion mechanism. Our findings highlight a new uncertainty channel in the green transition, with implications for strategic stockpiling and price transparency in critical-mineral markets. | |