Mineral Prices in Zambia This week
The demand for minerals, including cobalt, copper, lithium, and nickel, is surging due to the increasing use of renewable energy technologies and electric vehicles.
The COVID-19 pandemic has disrupted the mining supply chain, leading to a shortage of some minerals. The situation has resulted in price hikes and concerns about the impact on the transition to clean energy.
As a result, countries and companies are exploring ways to improve supply chain resilience, invest in new mining projects, and increase recycling efforts to ensure a steady supply of essential minerals.