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Finance
Finance· Commodities

Most Critical Minerals Aren’t Going to the Energy Transition

A new analysis by the Oakland Institute challenges the assumption that massive mining expansion is inevitable for the energy transition, finding that renewable energy and electric vehicles account for only 26% of current demand for critical minerals like copper and lithium. The remaining 74% of demand comes from construction, conventional transport, defense, electronics and other non-energy sectors, suggesting that mining requirements could be substantially reduced through strategies like smaller batteries, vehicle-use changes and improved recycling.

about 20 hours ago

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