(MENAFN- GlobeNewsWire - Nasdaq) Dublin, Jan. 10, 2025 (GLOBE NEWSWIRE) -- The "Strategic Intelligence: Critical Minerals" report has been added to ResearchAndMarkets.com's offering.
Over 70 countries have set net-zero targets, and even more have pledged to lower their emissions. This requires shifting from fossil fuels to renewable technologies like solar photovoltaic (PV) cells and wind turbines and adopting energy transition technologies like hydrogen, energy storage, and carbon capture. However, scaling clean energy technologies relies on mining critical minerals.
Key Highlights
The global transition to clean energy faces significant challenges due to critical supply-side risks in the mining sector. Four key risks stand out: mineral depletion, resource monopolization, geopolitics, and water stress. The near-term depletion of critical minerals raises concerns, especially as instability in the green technologies market causes price volatility. Lower-grade ores complicate extraction, making it less efficient, particularly in the copper industry. Recycling is expected to play a key role in diversifying supply chains.
Many critical minerals are concentrated in specific regions, creating uneven resource distribution and volatile market dynamics. For example, much of the world's lithium reserves are concentrated in South America and Australia, while the Democratic Republic of the Congo (DRC) provides much of the world's cobalt, and Indonesia dominates nickel production.
Geographic monopolies worsen supply risks and are further exacerbated by geopolitical tensions, ESG disclosure rules, and environmental factors like water scarcity. The race to control these critical minerals has intensified rivalries between China, the US, and the EU, with China currently dominating the mineral supply chain and energy transition technologies. Starting in 2019, these tensions have led to the introduction of sanctions by Western nations to level the playing field, which has disrupted global supply chains, leading to market volatility. In response, China banned rare earth elements (REEs) in 2023, escalating the situation further.
Scope
This report provides an overview of the critical minerals theme. It identifies the main trends surrounding critical minerals and the energy transition, split into three categories: technology trends, macroeconomic trends, and regulatory trends. It looks at demand-side drivers for critical minerals, including electric vehicles, solar energy, wind energy, nuclear power, and hydrogen, and supply-side risks for critical minerals, including mineral depletion, resource monopolization, geopolitics, and water stress. The report includes analysis of critical mineral strategies by region, covering China, the US, the EU, South America, and Canada. It also incorporates analysis of various signals, including mergers and acquisitions and company filings, and profiles of key players in critical minerals mining.
Reasons to Buy
Energy transition objectives are key for curbing the harmful effects of fossil fuels on climate change. However, the rapid scale-up of clean energy technologies required to reduce carbon emissions depends upon the intensive mining of several minerals. Due to the projected increase in demand for these minerals, they are classified as critical for achieving energy transition goals. This report provides a clear and concise introduction to the key issues surrounding critical minerals, with a specific focus on their role in energy transition.
Key Topics Covered:
Executive Summary Players Thematic Briefing Trends Demand Drivers for Critical Minerals Supply Side Risks for Critical Minerals Critical Minerals Strategies by Region Signals Companies Glossary Further Reading Thematic Research Methodology
A selection of companies mentioned in this report includes, but is not limited to:
Albemarle Alkem Anglo American Antofagasta ArcelorMittal Australian Strategic Materials Ballard BHP Bloom Energy Bouygues BYD Canadian Solar CATL Ceres Power CGN Power CMOC Codelco Denso E3 Lithium Electricite de France Enercon Energy Fuels Energy Transition Minerals Envision Energy Eurasian Resources First Quantum Minerals First Solar Fortescue Future Ind. Freeport-McMoRan FuelCell Energy Ganfeng Lithium GE Hitachi Nuclear Energy GE Vernova Gecamines Glencore Goldwind Hanwha Q Cells Iluka Jiangxi Copper Jinchuan Group JinkoSolar KEPCO Kyocera Solar LG Energy Solution Li Auto Longi Lucid Motors Lynas Rare Earths Mineral Resources MP Materials Neo Performance NIO Nordex SE Nornickel Orano Panasonic Pensana Pilbara Plug Power Rio Tinto Rivian Rosatom Samsung SDI Sharp Sherritt International Siemens Siemens Energy Siemens Gamesa Skoda Works South32 Southern Copper SQM SunPower Suzlon Teck Resources Terrafame Tesla Tianqi Lithium Tongwei Solar Trina Solar Vale Vestas Zijin Mining
For more information about this report visit
About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
CONTACT:
CONTACT:
Laura Wood,Senior Press Manager
...
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
MENAFN10012025004107003653ID1109076449
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.