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Low carbon technology applications

The vital role of critical minerals

Critical Minerals and the Energy Transition

The shift to low-carbon technologies is accelerating, driven by the need to cut greenhouse gas emissions and reduce fossil fuel dependence. Critical minerals are essential for renewable energy, energy storage, and advanced industries, powering solar panels, wind turbines, EVs, and batteries. At COP 28, nations committed to tripling renewable energy capacity and doubling energy efficiency by 2030, but achieving these goals depends on a secure mineral supply. Urbanisation, digitalisation, and smart cities are further driving demand, impacting industries from transport and construction to AI and space exploration. Governments are working to strengthen supply chains and promote recycling, while SFA (Oxford) provides expert insights into critical minerals policy. Lithium-ion batteries, rare earth elements, and minor metals will be key to a circular economy and sustainable energy transition. This report examines the role of critical minerals in low-carbon and future technologies, highlighting their industrial impact and supply challenges.

The term 'critical minerals' gained prominence as the transition from carbon-intensive energy sources accelerated, highlighting their necessity for low-carbon technologies. During COP 28, the global stocktake stressed the urgency of cutting emissions by 43% by 2030 (from 2019 levels) to limit warming to 1.5°C, while acknowledging that Parties are falling short of their Paris Agreement commitments. In response, it calls for tripling global renewable energy capacity and doubling efficiency improvements by 2030, alongside phasing down unabated coal power, eliminating inefficient fossil fuel subsidies, and ensuring a just, equitable transition—led by developed nations.

Fossil fuels have dominated final energy consumption since 1980, yet their share has declined from 74% to 66% (1980–2022), reflecting a gradual shift in the global energy mix.

With urbanisation surging, the rise of mega-cities is driving infrastructure expansion and energy demand, further amplifying the need for critical minerals in construction, electrification, and clean technologies. Meeting this demand requires not only technological progress but also robust policies for resilient supply chains.

National policies are pivotal in shaping critical mineral supply, influencing energy security and economic resilience. SFA (Oxford) delivers authoritative insights on evolving legislation, ensuring stakeholders stay ahead of policy shifts.

Critical minerals underpin innovation across industries, from high-tech manufacturing to renewable energy. These materials drive progress in aerospace, defence, transport, and emerging fields like AI, robotics, and hydrogen, reinforcing their strategic significance in the global economy.

Discover more with SFA about critical minerals’ role in key industries, policy developments, and supply chain dynamics.

Critical Minerals and the Energy Transition

Megatrends: Bigger Cities

Driving the energy transition and surging demand for critical minerals.

Critical Minerals, Energy, Policy and Legislation

SFA (Oxford) leads the way offering authoritative analysis of national policies to critical minerals management.

Rare Earths Elements

Critical components powering the global economy, from high-tech consumer electronics to essential renewable energy technologies.

Minor Metals and Minerals

Minor metals play a pivotal role in advancing the energy transition by enabling significant improvements in energy efficiency and the performance of clean energy technologies.

Join us at the Oxford Lectures

The Oxford Battery Metals Lectures, Thursday 15th May, and the Oxford Platinum Lectures, Friday 16th May, return as we bring together major players from the battery metals and PGM value chains to discuss the latest trends and events impacting these markets.

The Battery Metals Lectures

Thursday, 15 May 2025

New York 05:00 (EDT), London 10:00 (BST), Frankfurt 11:00 (CEST), Johannesburg 11:00 (SAST), Moscow 12:00 (MSK), Tokyo 18:00 (JST)

Our next event

SFA's annual Oxford Battery Metals Lectures returns on Thursday 15th May 2025.

The Oxford Platinum Lectures

Friday, 16 May 2025

New York 05:00 (EDT), London 10:00 (BST), Frankfurt 11:00 (CEST), Johannesburg 11:00 (SAST), Moscow 12:00 (MSK), Tokyo 18:00 (JST)

Our next event

The prestigious Oxford Platinum Lectures returns on Friday 16th May 2025.

Lithium-ion battery materials

Critical materials for the circular economy.

Meet the Critical Minerals team

Trusted advice from a dedicated team of experts.

Henk de Hoop

Chief Executive Officer

Beresford Clarke

Managing Director: Technical & Research

Jamie Underwood

Principal Consultant

Ismet Soyocak

ESG & Critical Minerals Lead

Rj Coetzee

Senior Market Analyst: Battery Materials and Technologies

Dr Sandeep Kaler

Market Strategy Analyst

How can we help you?

SFA (Oxford) provides bespoke, independent intelligence on the strategic metal markets, specifically tailored to your needs. To find out more about what we can offer you, please contact us.

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