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4 Crucial Commodities to Watch in 2023

Resilinc

Your business likely relies on raw materials experiencing significant price fluctuations or shortages. Presently, The Democratic Republic of Congo (DRC) is the top producer of cobalt—making 71% of the world’s supply. And in 2021, Apple reported that 13% of cobalt shipped in its products came from recycling.

Chile 62
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The reality of green energy: “green metal” supply chains won’t be able to keep up

NC State SCRC

The authors then used industry sources to project demand and revenue for thee fossil fuels (oil, gas, coal) vs. seven “green” metals (aluminum, cobalt, copper, lithium, nickel, silver and zinc) that are critical to building an energy economy. Innovation may find new substitutes or reduced requirements for these minerals.