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Greenstock Research focuses on evaluating resource companies listed on AIM, the London Stock Exchange's platform dedicated to small and medium-sized growth businesses. Our goal at Greenstock is to provide investors with insightful research, empowering them to make informed decisions in the ever-changing energy transition landscape.
The prospect of a rapid rise in demand for critical minerals, according to a report by the IEA poses huge questions about the availability and reliability of supply as strains on the supply-demand balance for different minerals have prompted additional investment as well as measures to moderate or substitute demand, but these responses have come with time lags and have been accompanied by considerable price volatility. Similar episodes in the future could delay clean energy transitions and push up their cost.
Mineral resources like lithium, nickel, cobalt, and rare earth elements are pivotal for various technologies. They enhance battery performance, support wind turbines and EV motors, and underpin electricity networks. As clean energy systems gain traction, the energy sector is becoming a major player in mineral markets. Clean energy technologies are now the fastest-growing demand segment, set to represent a substantial portion of total demand for energy transition metals.
IEA, Minerals used in clean energy technologies compared to other power generation sources, IEA, Paris https://www.iea.org/data-and-statistics/charts/minerals-used-in-clean-energy-technologies-compared-to-other-power-generation-sources, IEA. Licence: CC BY 4.0