Critical Minerals: The Backbone of The Clean Energy Transition
Source: BP (2014): Materials critical to the energy industry.
Economic Importance
Critical minerals are essential for the functioning of key industries, such as clean energy, electronics, defense, aerospace, and telecommunications.
Supply Risk
These minerals are often subject to supply chain vulnerabilities due to their limited production sources or geopolitical factors.
High Demand
The growing demand for advanced technologies, especially in the context of the clean energy transition, has led to increased pressure on the supply of critical minerals.
Lack of Substitutes
In many cases, there are no direct substitutes for these minerals, making them irreplaceable in specific technologies.
Industry Reports
Read what industry leaders think about the role of critical minerals in the future
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