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Challenges in Critical Mineral Tradeoffs
Jan 14, 2025
In this insightful discussion, Ashley Nunes, a research staff member at the Science and Technology Policy Institute, delves into the intricate world of critical minerals. She explains their significance to both economic and national security, covering the geopolitical dynamics influencing resource definitions worldwide. Nunes highlights the looming shortfall of minerals crucial for electric vehicle production and discusses historical perspectives shaping current policies. She also addresses the vital advancements needed in battery technology for decarbonizing aviation.
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Quick takeaways
- The critical minerals' significance varies by country, influenced by specific economic needs and fluctuating decarbonization targets affecting global policies.
- The U.S. faces sourcing challenges for critical minerals vital to achieving decarbonization goals, highlighting the importance of strategic planning in supply chains.
Deep dives
Understanding Critical Minerals
Critical minerals are defined by their vulnerability to supply chain disruptions and their significance to economic and national security. Approximately 50 minerals have been designated as critical, including well-known ones like aluminum and less familiar ones like cobalt. The importance of these minerals can fluctuate based on factors such as supply and demand, illustrating how different countries may have varying definitions of criticality tied to their specific needs and economic circumstances. For instance, decarbonization targets influence how much of certain minerals is needed, ultimately affecting how they are perceived on the international stage.
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