Daniel Hill Profile picture
Digging into trade, investment, #criticalminerals, carbon competitiveness, #METS, #ASM, #ESG for the (mostly 🇨🇦) minerals sector. Views are my own.
Oct 27, 2022 22 tweets 7 min read
#IEA Mineral demand 4 clean energy technologies quadruple by 2050 (APS & NZE Scenario). Annual revenues $400B.

High/volatile #criticalmineral prices & concentrated supply delay transition/make costly.

Requires scale up, diversify supplies, recycling, moderate demand growth. Developing new deposits of critical minerals has historically taken over 16 years on average, with 12 years spent lining up all aspects of permitting and financing and 4‐5 years for construction.