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Possible Implications of Trump’s Re-Election on Critical Raw Materials Dynamics

Donald Trump's re-election as President of the United States is likely to usher in a period fraught with new uncertainties for the critical raw materials sector. The combination of a rollback of climate initiatives, a more challenging trade environment, and a focus on national sovereignty in resource management creates a volatile landscape. Rising tensions between trading partners, potential retaliatory actions, and a slowing of the pace in the shift away from fossil fuel dependency could impact global supply chains. As the world grapples with the challenges of economic uncertainty, conflicts, and climate change, the policies Trump has proposed during his campaign are likely to exacerbate existing uncertainties. At the same time, the world needs increased sustainability, reliable markets, and deeper international cooperation in the raw materials sector.

Quantum Technology: the Next Supply Bottleneck?

The rapid advancement of quantum technology holds the potential for significant societal benefits, including breakthroughs in healthcare and innovations to combat climate change—provided the technology is applied responsibly. It could, for instance, accelerate drug discovery by efficiently simulating molecular interactions or open up the gates to personalized medicine and real-time monitoring of patients’ health. Furthermore, quantum simulation or hybrid quantum computing have the potential to aid the design of batteries and clean energies. And these are only a select few of quantum technology’s many possible applications.

Northvolt’s New Sodium-Ion Battery Offers a European Alternative to Lithium Batteries

With its new sodium-ion battery, Northvolt, a Swedish battery developer and manufacturer, is taking a step towards a future of lithium-free batteries. The new battery has an energy density of more than 160 Wh/kg, and first sample cells will be available for selected customers starting in 2024. According to Northvolt, the battery has been designed for electricity storage plants but could also be used in electric vehicles, like two-wheeled scooters, in the future.

Canada in the race for circularity and energy transition

IRTC network Member Marianna Ottoni shares her thoughts on Canada’s recently published Critical Minerals Strategy : In the race for circularity and energy transition – Canada unveils critical minerals value chain strategy with the promise to drive green and digital economy.

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