Will the EU have enough minerals to drive their electric dreams by 2030?

• Graphite crisis challenges EU's EV goals. • 2030 green transition risks nickel and cobalt supply. • Austria diversifies 2030 mobility approach, beyond EVs. In order to achieve the climate goals, set on the basis of the Paris Agreement, i.e. to be climate neutral by 2050, the European Union (EU) governments consider electric vehicles (EVs) as an altering solution and have established their target based on that. However, the electrification of the transport modes depends heavily on minerals such as Aluminium, Cobalt, Copper, Graphite, Lithium, Manganese, Nickel, and Rare Earth Elements, whose availability and distribution are quite imbalanced internationally. The purpose of this work is thus to research whether the EU's 2030 targets for EVs can be satisfied with the amount of minerals that are currently globally available. A desk research was conducted to gather data and knowledge about EVs and EV-related minerals to shed light on their availability and supply. This allowed for calculating the demand for each material and enabled the determination of whether it could be satisfied in relation to the EV transformation targets for 2030. The results have shown that there will be a crisis in the graphite supply by the end of the decade and a considerable danger to the supply of nickel and cobalt due to the rapid transition to a green energy system in transportation.

Authors

Institutions

Publication Details

Journal
The Extractive Industries and Society
Published
2024-10-11
DOI
https://doi.org/10.1016/j.exis.2024.101556
Citations
1
Primary Topic
Extraction and Separation Processes
Type
article
Field-Weighted Citation Impact
0.21
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Will the EU have enough minerals to drive their electric dreams by 2030?

George Xydis, Edina Nagy, Hadeel Al-Jurani
1 citations
The Extractive Industries and Society
Extraction and Separation Processes
0.21
article

Will the EU have enough minerals to drive their electric dreams by 2030?

George Xydis, Edina Nagy, Hadeel Al-Jurani
article en
1 citations

Abstract

• Graphite crisis challenges EU's EV goals. • 2030 green transition risks nickel and cobalt supply. • Austria diversifies 2030 mobility approach, beyond EVs. In order to achieve the climate goals, set on the basis of the Paris Agreement, i.e. to be climate neutral by 2050, the European Union (EU) governments consider electric vehicles (EVs) as an altering solution and have established their target based on that. However, the electrification of the transport modes depends heavily on minerals such as Aluminium, Cobalt, Copper, Graphite, Lithium, Manganese, Nickel, and Rare Earth Elements, whose availability and distribution are quite imbalanced internationally. The purpose of this work is thus to research whether the EU's 2030 targets for EVs can be satisfied with the amount of minerals that are currently globally available. A desk research was conducted to gather data and knowledge about EVs and EV-related minerals to shed light on their availability and supply. This allowed for calculating the demand for each material and enabled the determination of whether it could be satisfied in relation to the EV transformation targets for 2030. The results have shown that there will be a crisis in the graphite supply by the end of the decade and a considerable danger to the supply of nickel and cobalt due to the rapid transition to a green energy system in transportation.

The Extractive Industries and SocietyVol. 20
University of Peloponnese (GR), Aarhus University (DK)
Openalex Percentile: Top 51%
Extraction and Separation Processes
0.21
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.

Will the EU have enough minerals to drive their electric dreams by 2030? — George Xydis, Edina Nagy, et al. · The Extractive Industries and Society (2024) | TGRS Research Map | TGRS