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Report

China’s role in supplying critical minerals for the global energy transition: what could the future hold?

Publisher
Advanced manufacturing Energy industries Energy resources Energy transition International trade Relations with China Resources industry Supply chain
Description

The world faces major challenges in responsibly sourcing large quantities of minerals that are critical for the transition to low-carbon energy sources. Consumption of these critical minerals—most notably nickel, copper, lithium, and cobalt—is projected to rise, largely driven by their use in the renewable energy sector. Demand is expected to quadruple by 2040 under the International Energy Agency’s Sustainable Development Scenario, in which global action would limit the global temperature rise to well below 2°C, and it is projected to rise by six times under a net-zero scenario.

China is the dominant player in global mineral processing. This report analyses how its strategic position in regard to critical minerals may evolve, to shed light on current and emerging challenges for the energy transition, given the country’s high level of engagement in global mineral supply chains.

Publication Details
License type:
All Rights Reserved
Access Rights Type:
open