What are critical minerals?

Essential resources for our future

Critical minerals (also known as new economy minerals) are a range of essential metals and minerals used in emerging technologies such as electric vehicles, renewable energy products, low-emission power sources, electronic devices, and products for the medical, defence and scientific research sectors.

The International Energy Agency estimates demand for critical minerals will increase, tripling under current global measures to reduce emissions, and increasing by up to six times if efforts to achieve net zero emissions by 2050 escalate.

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