The Geopolitics of Critical Mineral Supply Chains

Global Insights · Oct 31, 2023 · 33m

Vital to both the economy and national security, critical minerals are the lifeblood of the modern world. These essential resources power industries that drive innovation, but their supply chains is vulnerable to disruption. As nations increase their reliance on electrical energy and transition to low-carbon power sources, the demand for these minerals, including aluminum, cobalt, lithium, manganese, and nickel, has surged dramatically. This surge is projected to increase by more than 450 percent by 2050, aligning with the ambitious goals of the Paris Climate Agreement. Beyond meeting their…