Energy Transition Expected to Fuel Surging Demand for Critical Minerals
As the global push toward clean energy gains momentum, demand for certain minerals and metals is projected to increase significantly by 2040. The infographic above illustrates how lithium, graphite, cobalt, nickel, manganese, rare earth elements, and copper could experience exponential growth—driven primarily by electric vehicle (EV) batteries, renewable energy technologies, and large-scale energy storage solutions.