Modern warfare is reshaping metals demand, says mining veteran

Modern warfare is reshaping metals demand, says mining veteran

Surge in military consumption comes as growth of renewable energy supercharges demand for copper

Warfare reshaping critical minerals demand, says Friedland

MILITARY conflicts and surging defense budgets are dramatically altering metals demand globally, with western nations unprepared for critical shortages, said Ivanhoe Mines co-chair, Robert Friedland. “Everyone in the American government—at the highest level—is completely concerned with the supply chain and critical raw materials,” said Friedland in an interview with the Financial Times. “They don’t have any of the metals that modern warfare requ…