United states faces new challenges meeting increased demand for critical minerals one year after historic inflation reduction act, s&p global study finds

Total energy transition-related demand post-ira for lithium, nickel and cobalt will be 23 times higher in 2035 than it was in 2021; demand for copper will be twice as high, study finds washington , aug. 15, 2023 /prnewswire/ -- the u.s. inflation reduction act is accelerating demand for critical minerals and copper that are vital to energy transition technologies. however, ensuring enough qualifying supply to meet that demand faces "considerable challenges," according to a new analysis by s&p global.
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