Digital transformation and energy transition to fuel ‘insatiable demand’ for critical minerals, finds new DMCC report

The accelerating demand for critical minerals, fuelled by digitalisation, AI and the global energy transition, is reshaping the international trade and investment landscape with projections that ‘insatiable demand’ for certain minerals could surge to 75 times current levels by 2050. Image courtesy: DMCC Report titled ‘The Critical Minerals Race: Trade, Supply and Transition’ finds that supply chain fragmentation and regionalised extraction are exposing trade vulnerabilities, with nations and industries racing to secure critical minerals access The UAE and MENA region to develop competitive trade advantages owing to legacy mining, low-cost and clean energy, and investments in mining extraction and processing Full report available for download here Dubai, UAE: The accelerating demand for critical minerals, fuelled by digitalisation, AI and the global energy transition, is reshaping the international trade and investment landscape with projections that ‘insatiable demand’ for certain minerals could surge to 75 times current levels by 2050. Titled ‘The Critical Minerals Race: Trade, Supply and Transition’, the special edition Future of Trade report by DMCC – the leading international business district that drives the flow of global trade through Dubai – highlights the unprecedented demand for resources such as lithium, cobalt, nickel and rare earth elements to meet […]

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