China, the US and Europe own the majority of clean energy raw materials

While clean energy technologies such as solar, battery storage and electric vehicles are growing at a rapid pace around the world, most of the critical raw materials in the supply chain are owned by Chinese, American and Chinese companies. European companies and market them, despite the fact that the mines are located in different regions such as Africa and Indonesia.

Mining and trading of most “key minerals for the energy transition” such as copper, lithium, nickel, cobalt, graphite and the rare earth supply chain are owned by Chinese companies and the largest mining multinationals, such as Glencore and Rio Tinto, says a market analysis by the International Energy Agency (IEA).

Although the majority of copper production occurs in Chile, European companies are the main copper producers with more than 10% of production, with Glencore, Rio Tinto and Anglo-American playing.
main roles. American companies control the second largest copper production. In the case of lithium, Australia and Chile are the main raw material production places, while the American company Abermarle is a major shareholder in more than 40% of the producing mines.