Is China’s Dominance in Critical Minerals Production Fading?

Demand for critical minerals such as copper, cobalt, lithium and nickel is soaring. These raw materials are used in a range of new technologies, from electric cars to wind turbines, which are becoming ever more important as the world moves towards a green transition. Experts forecast that this trend is set to accelerate, with global production of cobalt, graphite, and lithium set to increase nearly six-fold between now and 2050 (World Bank). As Statista's Anna Fleck shows in the chart below, data recently published by the United Nations Conference…