The study commissioned by DeepGreen examines how we can source the massive amount of mineral resources required for a wholesale move away from fossil fuels with the least amount of damage to the planet.
As calls for a transition to renewable energy and electric transport grow louder in the face of increasing global climate chaos, demand for certain EV battery metals is projected to increase by 11 times the current level by 2050, according to the World Bank, and shortages in nickel, cobalt and copper have been predicted to emerge as soon as 2025.