Mineral raw materials are becoming a bottleneck factor in the energy transition

The International Energy Agency (IEA) published an in-depth report on 5.5.2021 on the supply situation of mineral commodities for the extraction of copper, lithium, nickel, cobalt and rare earths for the transformation process of the energy transition. The underlying trade markets are characterized by high growth, increasing price volatility, geopolitical interests, and supply disruptions with highly geographically concentrated and unsustainable production, he said. This could slow down the processes of climate change and make them significantly more expensive. This would create additional risks for the expansion of renewable energies and electromobility.

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