The mining industry will require $2.1 trillion in new investments by 2050 to meet the raw material demands of a net-zero emissions world, according to BloombergNEF’s annual
The report highlights that critical energy transition metals, including aluminum, copper, and lithium, could face supply deficits this decade—some as early as this year. Recycling could help alleviate some of the pressure, with BNEF predicting that output from secondary sources will become an integral part of the energy transition metals supply chain.
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