IEA warns critical minerals at risk of severe disruptions

In particular, the report highlights the main risks facing copper markets. With demand expected to rise as countries look to expand their power grids, the current pipeline of copper mining projects points to a 30% supply shortfall by 2035.

While today’s critical minerals markets may appear well-supplied, with prices well below the highs recorded in 2021 and 2022, a new report from the International Energy Agency (IEA) finds that increasing supply concentration in a few countries and the proliferation of export restrictions increase the risk of severe disruptions.

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