The Growing Role of Minerals and Metals for a Low Carbon Future

It is important that developing countries become better positioned to decide how to take advantage of the future commodities market responding to climate goals and related Sustainable Development Goals (SDGs). The report provides a comprehensive series of global commodity maps tracking known production levels and reserves of the metals, as noted above, that are assumed to play a potentially prominent role in the energy shift to a carbon-constrained future. The shift to low carbon energy will produce global opportunities with respect to a number of minerals. The Latin America region (Chile, Brazil, Peru, Argentina, and potentially Bolivia) is in an excellent position to supply the global climate-friendly energy transition. The region has a key strategic advantage in copper, iron ore, silver, lithium, aluminum, nickel, manganese, and zinc. Africa, with its reserves in platinum, manganese, bauxite, and chromium, should also serve as a burgeoning market for these resources.

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