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PIE: Demand for rare earth metals to grow 7-fold by 2040, EU needs diversification

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PIE: Demand for rare earth metals to grow 7-fold by 2040, EU needs diversification
Source: Pixabay

According to a report by the Polish Economic Institute (PIE), the demand for rare earth metals is projected to increase seven-fold by 2040, with lithium demand rising 42 times. The report highlights that 98% of the EU's demand for these metals is met by China, emphasizing the need for…

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