Trade in critical minerals can be a game-changer, as it has the potential to shape the geopolitics of the 21st century, just as oil did in the 20th century.
Critical minerals, including lithium, cobalt, nickel, and rare earths, are no longer mere commodities, but strategic facilitators of the global clean energy transition.
These minerals are the basis of technologies such as electric mobility, renewable generation, and mass battery storage, making them crucial for the clean energy future of the world.
The quest for these minerals has become a new frontier of economic value, determining which nations will lead the clean energy transition.
The history of human development has always been closely associated with the quest for gold, oil and land. It is now developing into a rush for minerals on which the clean energy future of the world will depend.
Author's summary: Critical minerals are key to the clean energy transition.