News in Numbers
25%
The EU’s Critical Raw Materials Act sets an overall recycling target of at least 25% of materials by 2030.
A$7bn
The amount Australia has committed to the support of critical minerals processing under the Critical Minerals Production Tax Incentive.
115%
An IEF study found that in the next 30 years, 115% more copper must be mined in the next 30 years than has been mined historically until now just to meet ‘business as usual’.
55%
Electrifying the global vehicle fleet requires 55% more new mines, according to the same report.
60kg
The amount of copper required to manufacture one electric vehicle, compared to 24kg required for a traditional petrol car.
