Constructing a Ranking of Critical Materials for the Global Energy Transition

Organisation:
International Renewable Energy Agency (IRENA)
Critical minerals

The rising number of critical material lists underscores the importance of these resources in facilitating the global energy transition, attracting investment and promoting higher standards in mining and processing.

This report introduces a comprehensive methodology for developing a global ranking of critical materials specifically for renewable energy applications. By addressing gaps in existing lists, it aims to provide a more inclusive perspective on the mineral supply chain.

The report also explores key findings regarding the dynamic nature of these supply chains, which are shaped by geopolitical, regulatory and technological factors, complicating future predictions of critical materials. 

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