Demand Rises for Strategic Minerals
According to the Global Mining Development Report 2025, demand for strategic emerging minerals is growing amid the global energy transition.
The report, released by the Ministry of Natural Resources, highlights significant increases in lithium, cobalt, and nickel production in 2024.
- Lithium production increased significantly in 2024.
- Cobalt production also saw a notable increase.
- Nickel production registered a significant rise.
Additionally, gold's strategic value has become more prominent amid global economic and geopolitical uncertainties.
Global gold trade exceeded 3,000 metric tons in the first half of 2025.
In 2024, China remained the world's largest gold importer, accounting for nearly half of global imports.
Author's summary: Demand for strategic minerals is rising globally.