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flag Investment in critical minerals like lithium and copper grew slowly in 2024, raising IEA concerns.

flag The International Energy Agency (IEA) reports that despite high demand, investments in critical minerals like lithium and copper grew only 5% in 2024, down from 14% in 2023. flag Exploration activities have plateaued, and prices for minerals such as nickel and cobalt have dropped due to increased supply from key refining nations like China and Indonesia. flag The IEA stresses the need for diversification, but the industry is becoming more concentrated geographically.

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