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Critical minerals: build the business around a qualified product, not a resource headline
Ore is the beginning of the value chain
A mineral deposit can be strategically significant without supporting a viable operating business at the proposed scale. Customers purchase materials with defined chemical and physical properties, delivered through a dependable chain. For mining and processing firms in BRICS economies, the commercial opportunity depends on turning a resource into a qualified product. The gap includes extraction, recovery, power, water, waste management, logistics and buyer approval. Each stage can change the cost and timing of revenue.
The IEA's Global Critical Minerals Outlook 2025 examines mineral supply and demand under alternative scenarios. IEA critical-minerals outlook. Scenario analysis is especially relevant here because technology choices can…
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