As the European Union moves toward its goal of net-zero emissions by 2050, the demand for critical raw materials—the building blocks of wind turbines, batteries, and solar panels—is skyrocketing. However, a recent audit by the European Court of Auditors suggests that while the EU has set an ambitious strategic course, the current policy framework rests on "incomplete foundations".

Chart: Projected Demand for Critical Minerals As the global push toward clean energy gains momentum, demand for certain minerals and...

As of 2023, global reserves were estimated at 115.4 million metric tons (MT), with China, Vietnam and Brazil holding most significant part o

Global rare earth element (REE) production reached approximately 350,000 metric tons in 2023. China maintained its dominance as the largest