The world is engaged in a struggle for critical raw materials, while Bulgaria remains indifferent to its own

Monday, Mar 10, 2025

Mediapool

Rare metals are vital for green and high-tech industries, facing surging global demand by 2060.

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[This is an automatically generated summary, for reference only]

A list of metals, including boron, cobalt, lithium, and nickel, are relatively scarce but possess special characteristics making them vital for strategic sectors such as renewable energy, digital, space, and defense technologies. These materials represent only a portion of what Europe deems critically important for industrial and technological development, especially the green transition for both European and global economies. The Organisation for Economic Co-operation and Development forecasts that worldwide demand for raw materials will more than double from 79 billion tons currently to 167 billion tons by 2060.

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