Demand for minerals to power technology could triple by 2030, UN political chief says

March 6, 2026 - 12:42

The United Nations has issued a stark warning that the world's appetite for the critical minerals essential to modern technology is on track to skyrocket. According to a senior UN official addressing the Security Council, global demand for these resources could triple by the year 2030 and potentially quadruple by 2040.

These minerals, which include lithium, cobalt, copper, and rare earth elements, form the backbone of the global economy. They are indispensable for manufacturing a vast array of devices, from everyday smartphones and electric vehicles to advanced military equipment and renewable energy infrastructure like wind turbines and solar panels.

This surging demand is primarily driven by the urgent global transition towards clean energy. As nations strive to meet climate goals and decarbonize their economies, the need for minerals to build green technologies is accelerating at an unprecedented pace. The UN briefing highlighted that this rapid increase presents not only an economic opportunity but also significant geopolitical and security challenges. Competition for access and control of mineral supply chains could intensify, potentially fueling tensions in resource-rich regions.

The call to action emphasizes the need for international cooperation and governance to ensure the sustainable, fair, and equitable management of these vital resources. The goal is to support the green energy transition while mitigating risks of conflict, environmental damage, and human rights abuses often associated with mining activities.