GRACELIN BASKARAN: China’s muted demand and deflation weigh on global outlook for critical minerals
31 October 2024 - 05:00
When the world signed the Paris Agreement in 2016 the outlook for critical minerals was rosy. It marked global consensus of the importance of net zero ambitions.
This had a direct effect on forecast demand for key critical minerals. Modelling undertaken by the International Energy Agency in 2020 showed that we would go from needing about 7-million tonnes of critical minerals in 2020 to nearly 150-million tonnes by 2030. ..
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