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UN Warns Mineral Demand Could Triple by 2030

3/6/2026

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Story summary
  • The United Nations warned that demand for critical minerals could triple by 2030 and quadruple by 2040, with trade around $2.5 trillion in 2023.
  • Undersecretary-General Rosemary DiCarlo stressed the strategic importance of minerals for technology and the energy transition.
  • U.S. Energy Secretary Chris Wright said the United States and allies must reduce dependence on single countries.
  • The United States is diversifying mineral sources and increasing cooperation with Venezuela and Congo.