News in Numbers

The EU’s Critical Raw Materials Act sets an overall recycling target of at least 25% of materials by 2030.

The amount Australia has committed to the support of critical minerals processing under the Critical Minerals Production Tax Incentive.

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’.

Electrifying the global vehicle fleet requires 55% more new mines, according to the same report.

The amount of copper required to manufacture one electric vehicle, compared to 24kg required for a traditional petrol car.