After two years of dramatic increases the price of critical minerals fell in 2023, returning to levels last seen in pre-pandemic times. It notes that demand for critical minerals continues to grow strong in all likely scenarios posited by the IEA. The IEA reminds that as clean energy deployment expands, so too will the demand for critical minerals. The Agency sees the strong growth in demand producing a major uptick in the overall value of the critical minerals market. Find out more about potential areas of weakness for each mineral and how much investment into mining critical minerals will cost to reach net-zero emissions by 2050 in the IEA’s Global Critical Minerals Outlook.

Source: The North Africa Journal May 17, 2024 13:12 UTC