Refined material production concentrated among top suppliers like Indonesia and China, increasing geographic concentration. Surging supply, particularly from these nations, drove down prices for battery metals,

Investment in clean energy technologies is set to strike a record this year despite global economic uncertainty, double the spending on fossil fuels that will dip for the first time since 2020, the International Energy Agency said Thursday.

Investment in clean energy and grids will reach US$2.2 trillion in 2025, double the expected investment into fossil fuels this year.