Neutral impactEconomy
Critical mineral demand to surge through 2040, supply gaps to persist: IEA
BusinessLine 1 hr ago·1 Aug 2026, 5:19 am
The International Energy Agency (IEA) has forecast a significant increase in demand for critical minerals through 2040. This surge is expected to be driven by the growing need for these minerals in clean energy technologies and other applications.
The IEA's report highlights the need for substantial investment in mining and refining to meet this rising demand. If not addressed, supply gaps could persist, potentially impacting various industries that rely on these minerals.
Investors should watch for developments in the mining and refining sectors, as well as government policies that could influence the supply of critical minerals and the overall energy transition.
Key takeaways
- Category: Economy.
- Assessed as a significant, market-relevant update.
Why it matters
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