IEA26 Aug 2022 10:03
The International Energy Agency has warned that the energy transitions will significantly boost for mineral demand over the next 20 years.
By 2040, it estimates that mineral demand from clean energy technologies could potentially quadruple, with EVs and battery storage driving mineral growth.
It expects mineral demand in 2040 will be dominated by graphite, copper and nickel, with lithium seeing the fastest growth rate, with demand growing by as much as 40 times in the next 20 years.