Trade in critical minerals can be a game-changer, as it has the potential to redefine the global economy and determine which nations will lead the clean energy transition.
Just as oil shaped the geopolitics of the 20th century, critical minerals have become the new frontier of economic value. The history of human development has always been closely tied to the quest for valuable resources such as gold, oil, and land. Now, it is evolving into a rush for minerals that will enable the clean energy future of the world.
In the rapidly changing global economy, high-value sectors, particularly those driven by technology, have become crucial for economic resilience, industry transformation, and strategic competitiveness. Minerals like lithium, cobalt, nickel, and rare earths are no longer just commodities; they are strategic facilitators of the global clean energy transition, underpinning technologies such as electric mobility, renewable generation, and mass battery storage.
Trade in critical minerals can be a game-changer
Author's summary: Critical minerals are key to the clean energy transition.