Opinion: Global demand for copper, lithium and other metals is soaring while supply chains remain vulnerable and China dominates refining; by leveraging its strengths in chemistry, AI and recycling, Israel can help reinvent processing and secure its future.
The world is entering an era of electric acceleration. From electric vehicles and renewable energy installations to massive data centers and smart home devices, every sector consumes unprecedented amounts of metals: copper, lithium, nickel, cobalt, silver and gold.
As demand soars, supply is struggling to keep up. Ore quality is declining, mining projects are becoming more challenging and prices are increasingly volatile. Demand for copper—the “lifeblood” of the electric economy—is expected to double by 2030, even as metal concentrations in many mines drop below 0.5%, making each ton more expensive to extract.
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