Demand for graphite by strategic sectors in the European Union (EU) such as renewable energy and e-mobility is forecast to increase 14-fold in 2030 in comparison to 2020. Similarly, the EU's lithium demand for strategic sectors is expected to increase by 12 times over the same timeframe.
Indeed, more than 90 percent of the EU's demand for nickel, graphite, cobalt, and lithium comes from electric vehicle battery production.
Forecast increase in critical mineral demand for strategic sectors in the European Union in 2030 compared to 2020, by mineral
(in metric tons)
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Centre for Research on Multinational Corporations. (May 14, 2024). Forecast increase in critical mineral demand for strategic sectors in the European Union in 2030 compared to 2020, by mineral (in metric tons) [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/1493176/eu-critical-mineral-demand-forecast-for-strategic-sectors/
Centre for Research on Multinational Corporations. "Forecast increase in critical mineral demand for strategic sectors in the European Union in 2030 compared to 2020, by mineral (in metric tons)." Chart. May 14, 2024. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/1493176/eu-critical-mineral-demand-forecast-for-strategic-sectors/
Centre for Research on Multinational Corporations. (2024). Forecast increase in critical mineral demand for strategic sectors in the European Union in 2030 compared to 2020, by mineral (in metric tons). Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/1493176/eu-critical-mineral-demand-forecast-for-strategic-sectors/
Centre for Research on Multinational Corporations. "Forecast Increase in Critical Mineral Demand for Strategic Sectors in The European Union in 2030 Compared to 2020, by Mineral (in Metric Tons)." Statista, Statista Inc., 14 May 2024, https://www.statista.com/statistics/1493176/eu-critical-mineral-demand-forecast-for-strategic-sectors/
Centre for Research on Multinational Corporations, Forecast increase in critical mineral demand for strategic sectors in the European Union in 2030 compared to 2020, by mineral (in metric tons) Statista, https://www.statista.com/statistics/1493176/eu-critical-mineral-demand-forecast-for-strategic-sectors/ (last visited November 18, 2024)
Forecast increase in critical mineral demand for strategic sectors in the European Union in 2030 compared to 2020, by mineral (in metric tons) [Graph], Centre for Research on Multinational Corporations, May 14, 2024. [Online]. Available: https://www.statista.com/statistics/1493176/eu-critical-mineral-demand-forecast-for-strategic-sectors/
