The price of power: who pays for critical minerals? episode artwork

EPISODE · May 27, 2026 · 41 MIN

The price of power: who pays for critical minerals?

from DebtTalks · host Sciences Po

In this episode, Paola Subacchi is joined by Nicolas Niarchos to explore the growing global race for critical metals, especially those powering the batteries behind our digital and green transitions. They unpack the supply chains at the core of modern life and ask a tough question: are richer economies simply exporting pollution to poorer countries?Focusing on metal-rich nations, they examine how years of neglect, state fragility, and predatory lending have left these countries unable to turn resource wealth into sustainable development – and what it would take to change that.Hosts & GuestsPaola Subacchi is Professor and Chair in Sovereign Debt and Finance at Sciences Po, and Professor of Political Economy of Europe at the University of Bologna. She is also a partner at Essential Economics, a London-based consultancy that advises governments, international organisations, and private companies. Nicolas Niarchos is a journalist whose work focuses on energy, war, and migration. He is the editor and co-founder of Now Voyager, a new magazine of international affairs. He has been a contributing writer at the New Yorker since 2014, where he initially started as a fact-checker. His reporting has also appeared in the Nation, the New York Times, and the Guardian.He is the author of The Elements of Power: A Story of War, Technology, and the Dirtiest Supply Chain on Earth (Penguin Press).Production Paola SubacchiCoordination Nathalie CorvéeMusique Nils BertinelliHosted on Ausha. See ausha.co/privacy-policy for more information.

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The price of power: who pays for critical minerals?

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This episode was published on May 27, 2026.

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In this episode, Paola Subacchi is joined by Nicolas Niarchos to explore the growing global race for critical metals, especially those powering the batteries behind our digital and green transitions. They unpack the supply chains at the core of...

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