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The reality of green energy: “green metal” supply chains won’t be able to keep up

NC State SCRC

The winners are the electrostates: first Australia which has all of the metals in the green seven; Second Chile (which has 42%. Congo is an autocracy, but so is #4 on the list: China, which is home to aluminum, copper and lithium, while Indonesia sits on mountains of nickel, and Peru holds nearly a quarter of the world’s silver.

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An update on copper

Resilinc

Declining ore quality from Chile, the top producing country, will lead to higher energy usage and costs for processing, according to IEA. Minerals and metals will still be mined, but in countries with far fewer environmental protections such as Indonesia, the Democratic Republic of Congo, and China,” wrote the WSJ editorial board.

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4 Crucial Commodities to Watch in 2023

Resilinc

Presently, The Democratic Republic of Congo (DRC) is the top producer of cobalt—making 71% of the world’s supply. Currently, Chile has the largest reserves of lithium and is the world’s second-largest producer behind Australia; in 2021, Chile produced 25% of the world’s lithium, while Australia produced more than half, 52%.

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Copper in flux

Resilinc

The volatility of the last few months was tracked in real time by subscribers to Resilinc’s CommodityWatch AI as the service alerted customers to protests in Peru, droughts in Chile, M&As in the mining industry and other disruptions—as well as the larger economic factors mentioned by Davidson.

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How the Inflation Reduction Act’s EV Tax Credit Will Reshape Supply Chains

QAD

Chile, Argentina, Indonesia, Australia and the Democratic Republic of the Congo are also major markets for critical mineral extraction. China is the world’s largest extractor of rare earths and has a strong lead on processing for rare earths, lithium, cobalt, nickel and copper.

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White paper: Are the weakest link in your supply chain?

Supply Chain Movement

Congo, The Democratic Republic of The. Brunei Darussalam. Burkina Faso. Cape Verde. Cayman Islands. Central African Republic. Christmas Island. Cocos (Keeling) Islands. Cook Islands. Costa Rica. Cote D'ivoire. Czech Republic. Djibouti.

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White paper: What if you are the weakest link in your supply chain?

Supply Chain Movement

Congo, The Democratic Republic of The. Brunei Darussalam. Burkina Faso. Cape Verde. Cayman Islands. Central African Republic. Christmas Island. Cocos (Keeling) Islands. Cook Islands. Costa Rica. Cote D'ivoire. Czech Republic. Djibouti.