As much as 74 percent of the production capacity of both lithium and cobalt worldwide is forecast in the low emissions scenario to be at either significant, high, or extreme drought risk in 2050. In addition to that, it is also forecast in the same scenario that 16 percent of global lithium production capacity will be exposed to significant, high, or extreme heat stress risk. Global supply chains could stand to be significantly impacted by this risk to the production capacities of these critical minerals.
Forecast share of production capacity of lithium, cobalt, and copper at risk due to heat and drought worldwide in 2050
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PwC. (May 23, 2024). Forecast share of production capacity of lithium, cobalt, and copper at risk due to heat and drought worldwide in 2050 [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1473515/forecast-global-critical-minerals-production-capacity-share-at-risk-due-to-heat-and-drought/
PwC. "Forecast share of production capacity of lithium, cobalt, and copper at risk due to heat and drought worldwide in 2050." Chart. May 23, 2024. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1473515/forecast-global-critical-minerals-production-capacity-share-at-risk-due-to-heat-and-drought/
PwC. (2024). Forecast share of production capacity of lithium, cobalt, and copper at risk due to heat and drought worldwide in 2050. Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1473515/forecast-global-critical-minerals-production-capacity-share-at-risk-due-to-heat-and-drought/
PwC. "Forecast Share of Production Capacity of Lithium, Cobalt, and Copper at Risk Due to Heat and Drought Worldwide in 2050." Statista, Statista Inc., 23 May 2024, https://www.statista.com/statistics/1473515/forecast-global-critical-minerals-production-capacity-share-at-risk-due-to-heat-and-drought/
PwC, Forecast share of production capacity of lithium, cobalt, and copper at risk due to heat and drought worldwide in 2050 Statista, https://www.statista.com/statistics/1473515/forecast-global-critical-minerals-production-capacity-share-at-risk-due-to-heat-and-drought/ (last visited November 23, 2024)
Forecast share of production capacity of lithium, cobalt, and copper at risk due to heat and drought worldwide in 2050 [Graph], PwC, May 23, 2024. [Online]. Available: https://www.statista.com/statistics/1473515/forecast-global-critical-minerals-production-capacity-share-at-risk-due-to-heat-and-drought/