What question did this study set out to answer?

The study aims to analyze the impacts of transitioning Colombia's mining sector towards sustainable practices and circular economy principles.

February 2, 2026Open Access

Energy Transition and Mining Reindustrialization in Colombia: A Three Phase Model Towards the Circular Economy

Key Points

The study aims to analyze the impacts of transitioning Colombia's mining sector towards sustainable practices and circular economy principles.
Contrasts baseline scenario of continued mineral-energy export reliance with a three-phase pathway.
Evaluates financial leverage through transition mining that meets ESG standards.
Identifies sequential phases for industrial and circular economy development.
Colombia's optimal trajectory involves sequential and complementary phases of transition mining and industrialization.
Potential exists for midstream capabilities to be financed through near-term extractive rents.
Long-term goal emphasizes establishing a regional urban mining hub.

Abstract

This paper evaluates a baseline scenario of inertial continuity (S0), understood as continued reliance on the export of unprocessed mineral–energy commodities, and contrasts it with a three-phase techno-strategic pathway. Phase I (H1) treats selective “transition mining” as a governed financial lever in which projects must meet high environmental, social, and governance (ESG) standards and a fixed share of extractive rents is earmarked to fund Phase II industrialization (H2) and Phase III circular supply (H3). The analysis indicates that Colombia’s most resilient trajectory is sequential and non-mutually exclusive. Near-term rents can finance midstream capability, while the longer-term objective is to consolidate a regional urbanmining hub.

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