Mineral demand from energy sector could increase sixfold by 2040, IEA says
Published: Monday, 10 May 2021
The global mineral industry will have to rapidly scale up production to meet surging demand from the new energy sector, the International Energy Agency (IEA) has warned.
To reach the target of net-zero emissions
by 2050, the energy sector will be consuming minerals at six
times the current rate by 2040, the IEA forecast in a special
report on Wednesday May 5.
"Today, the data shows a looming mismatch between the
world’s strengthened climate ambitions and the