IMPORTANCE OF CRITICAL MINERALS
Critical minerals, often referred to as the ‘new oil’, are essential for clean energy technologies such as solar modules, wind turbines, batteries, and transmission networks. Minerals like lithium, nickel, copper, cobalt, silicon, graphite, and rare earth elements (REE) are crucial for the energy transition. The International Energy Agency predicts a four-fold increase in the demand for these minerals by 2040. However, the concentration of these mineral reserves in a...
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