The global appetite for critical minerals and rare earths is skyrocketing, according to a report issued by the International Energy Agency. China is the dominant player in terms of mining and refining, but Kazakhstan is the world’s leading producer of uranium, while Uzbekistan is expanding exports of uranium, copper and other rare earths. The IEA’s Global Critical Minerals Outlook 2025 notes that global demand for lithium increased by 30 percent in 2024 over the previous year’s total. Other minerals used in the production of electric…
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