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Is China’s Dominance in Critical Minerals Production Fading?

Is China’s Dominance in Critical Minerals Production Fading?

Demand for critical minerals such as copper, cobalt, lithium and nickel is soaring. These raw materials are used in a range of new technologies, from electric cars to wind turbines, which are becoming ever more important as the world moves towards a green transition. Experts forecast that this trend is set to accelerate, with global production of cobalt, graphite, and lithium set to increase nearly six-fold between now and 2050 (World Bank). As Statista’s Anna Fleck shows in the chart below, data recently published by the United Nations Conference…

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