BloombergNEF: Transition Metals Become $10 Trillion Opportunity as Demand Rises and Supply Continues to Lag
January 19, 2023
January 19, 2023
NEW YORK, Jan. 19 -- BloombergNEF, a part of Bloomberg, issued the following news release:
Demand for key metals needed for the deployment of energy transition technologies such as solar, wind, batteries and electric vehicles will grow fivefold by 2050, under BloombergNEF's so-called Net Zero Scenario. Supply, on the other hand, is constrained due to a lack of investment, increasing country risk toward mining, and ever more depleted reserves.
Country risk remains t . . .
Demand for key metals needed for the deployment of energy transition technologies such as solar, wind, batteries and electric vehicles will grow fivefold by 2050, under BloombergNEF's so-called Net Zero Scenario. Supply, on the other hand, is constrained due to a lack of investment, increasing country risk toward mining, and ever more depleted reserves.
Country risk remains t . . .