- According to the IEA, the period between 2017 and 2022 saw a “tripling in overall demand for lithium, a 70% jump in demand for cobalt, and a 40% rise in demand for nickel.”
- The IEA’s Critical Minerals Market Review cites “demand from the energy sector” as main factor behind this.
- In a sign of the huge task facing the planet, the Paris-based organization says more projects will still be required by the end of this decade if global warming is to be limited to 1.5 degrees Celsius.
