The supply chain for strategic metals critical to the energy transition is dominated by a few countries, with concentrated reserves, production, and processing.
As the energy transition continues, tapping into the reserves of critical minerals and securing their supply chain s is crucial. For this graphic, Visual Capitalist partnered with Appian Capital Advisory to provide visual context to the top countries for reserves, production, and processing of minerals that are vital to the energy transition . The analysis uses data from the USGS and the IEA across four minerals lithium, cobalt, natural graphite , and rare earths .
Rare earth minerals are primarily located in Asia, with China 38% and Vietnam 19% holding the greatest reserves. Brazil has 18% of known global reserves. The Production and Processing of Critical Minerals Overwhelmingly, China is the main hub for processing critical minerals across the board. The country is responsible for processing 65% of global lithium mined, 74% of cobalt, 100% of natural graphite, and 90% of rare earths. Similarly, mine production is also fairly concentrated.
Strategic Metals Energy Transition Supply Chain Processing Lithium Cobalt Natural Graphite Rare Earths
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