Global mineral supply insufficient to meet clean energy demand — report

📆 27/04/2024 03.11.00
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UN report warns that a lack of critical minerals like lithium and cobalt could hinder the world's transition to clean energy and limit efforts to combat climate crisis.

UN report warns that a lack of critical minerals like lithium and cobalt could hinder the world's transition to clean energy and limit efforts to combat climate crisis.UN report raises concerns about a potential mineral shortage hampering the clean energy transition. / Photo: AFP

"Global investments in critical energy transition minerals are not keeping pace with escalating demand," the report said on Friday. But meeting the objective of net-zero emissions by 2030 would require 80 new copper mines, 70 new lithium mines, 70 nickel mines, and 30 cobalt mines.

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