Fossil fuels account for nearly 60% of power generation.
Despite sanctions against Moscow, the EU remains a key consumer of Russian fossil fuels.
Copper and lithium will require the highest number of new mines.
Europe depends entirely on China for heavy rare earth elements, critical for technologies such as hybrid cars and fiber optics.
Russia controls nearly half of global uranium enrichment capacity.
President-elect Donald Trump wants a massive boost in U.S. oil production to reduce energy costs.
Chinese companies are expected to control 46% of the cobalt supply by 2030.
Copper content in EVs has steadily decreased over the past decade, even as overall copper demand rises due to the increasing adoption of EVs.
China remains the largest coal consumer, making up 56% of the global total.
For this graphic, Visual Capitalist has partnered with Range ETFs to explore world coal consumption in 2023 and find out who consumed the most coal.
