Critical minerals trade faces rising restrictions and growing supply-chain fragmentation

Critical minerals trade shown through bulk mineral cargo loading and maritime transport

Critical minerals trade has entered a more strategic and interventionist phase as clean energy, electrification, digitalisation and defence increase demand for lithium, cobalt, nickel, copper, graphite and rare earth elements. Supply remains highly concentrated across mining, refining and advanced manufacturing, leaving many economies dependent on a small number of producers and processors. Since 2020, nearly 100 new export measures have […]

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