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Repositioning critical minerals supply chains outside China could delay energy transition

WoodMac says that replacing Chinese copper supply chains requires US$85 billion

Siobhan Lismore-Scott
The rhetoric about replacing Chinese supply will continue, but governments and manufacturers must not overlook the scale of the task. Pragmatism must hold sway and compromises will be needed to reach net zero while avoiding an unbearable cost to taxpayers, WoodMac said. Picture credit: Shutterstock

The rhetoric about replacing Chinese supply will continue, but governments and manufacturers must not overlook the scale of the task. Pragmatism must hold sway and compromises will be needed to reach net zero while avoiding an unbearable cost to taxpayers, WoodMac said. Picture credit: mooboyba, via Shutterstock

Analysts at Wood Mackenzie have said that shifting supply chains outside of China would increase the costs of goods and delay the energy transition. "As major global economies look to reposition critical...

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