Metals for a green future
Some of the raw materials used in renewable energy systems and key industries such as aerospace, defence, health, automotive and consumer electronics currently have few substitutes and are not widely available globally. They are defined as strategic and critical raw materials because they perform an essential function in the manufacture of a product, the absence of which would have significant consequences for a country’s economy or national security.
A wide range of minerals and metals are also classified as strategic and critical. These raw materials contribute to reducing greenhouse gas emissions and achieving a low-carbon future.
Likewise, metals such as cobalt, lithium, manganese, copper and minerals such as graphite play an important role in new technologies.
German industry uses over 80% of the chemical elements of the periodic table (source: BDI).
Current focus lies particularly on lithium, which – among other applications – is needed for battery cell production. Due to the increase in battery cell production in Europe, market players are becoming increasingly aware of the shortage of lithium supply.
Our partner DERA has conducted a study on risk assessment and future market supply. You can view it here: DERA Study 54 (available only in German).