Story perspectives

UN Warns Critical Minerals Demand Could Triple by 2030

3/9/2026

Summary

Story summary

The United Nations projects demand for critical minerals could triple by 2030 and quadruple by 2040.
Trade in these minerals reached $2.5 trillion in 2023.
U.S. Energy Secretary Chris Wright urged allies to reduce dependence on a single supplier.
China’s U.N. Ambassador Fu Cong called for international cooperation to stabilize supply chains.
The United States diversifies its mineral sources by engaging with Venezuela and Congo to enhance security and investment.

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Story summary

The United Nations projects demand for critical minerals could triple by 2030 and quadruple by 2040.
Trade in these minerals reached $2.5 trillion in 2023.
U.S. Energy Secretary Chris Wright urged allies to reduce dependence on a single supplier.
China’s U.N. Ambassador Fu Cong called for international cooperation to stabilize supply chains.
The United States diversifies its mineral sources by engaging with Venezuela and Congo to enhance security and investment.