IEA Warns Critical Mineral Market Concentration May Threaten Industry

Reported about 12 hours ago

The IEA reports that the increasing concentration in critical mineral markets could lead to significant disruptions in the industry, particularly due to export restrictions and vulnerabilities in supply chains. As demand for these minerals grows due to energy transition initiatives, the dominance of a few key suppliers—especially China—exacerbates risks of supply shocks that could drive up consumer prices and diminish industrial competitiveness. The IEA warns of potential supply shortfalls in copper and a growing deficit in lithium by the 2030s.

Source: YAHOO

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