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Critical Minerals, Geopolitics, and the Green Transition / Tomás Domínguez-Iino, Jonathan T. Elliott, Allan Hsiao.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Domínguez-Iino, Tomás.
Contributor:
Elliott, Jonathan T.
Hsiao, Allan.
National Bureau of Economic Research.
Series:
Working Paper Series (National Bureau of Economic Research) no. w35654.
NBER working paper series no. w35654
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2026.
Summary:
The green energy transition will be powered by the mining and processing of lithium, nickel, and cobalt, which are critical for the production of advanced batteries. These minerals are concentrated geographically but traded globally, allowing key mining countries to exercise market power through policy intervention. Advanced batteries use multiple minerals in combination, and this joint use creates interdependence across mineral markets. We study the geopolitical implications of these forces and their consequences for green technology adoption worldwide. We quantify supply chain vulnerability, international policy spillovers, and the potential for mineral cartels.
Notes:
August 2026.
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