CRITICAL MINERALS & ENERGY TRANSITION – A LOOK AT AFRICA & WESTERN & CENTRAL ASIA
The Payne Institute and the Future Minerals Forum collaborate on this paper about how as energy systems evolve on a global scale, the shift to a clean energy economy will depend on fulfilling critical mineral supply needs. Demand for raw materials such as Lithium, Nickel, Cobalt, Copper, Graphite, Silicon, Platinum Group Metals, and Rare Earth Elements are expected to increase fivefold over the next two decades. To meet the level of demand set forth in the Paris Agreement, the world looks to mineral-rich countries for reliable sourcing of inputs along the value chain. In the short to medium term, economies across Africa and Western and Central Asia can aim to play an important role in critical minerals supply chains. January 5, 2023.