ECONOMY
TOPSTORY
Energy Transition: Raw Material Demand Grows – More Mining Needed
Studies show: There are enough critical minerals worldwide for the energy transition - but they must be made accessible and processed for industry. However, new mining projects take many years to implement and often fail due to resistance from the population because of environmental concerns.
NEWS
Real-time Prices of Selected Precious Metals
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_uskg_4.gif)
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/palladium/t24_pd_en_uskg_4.gif)
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/platinum/t24_pt_en_uskg_4.gif)
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_uskg_4.gif)
ANALYSES, BACKGROUND, INTERVIEWS
Year in Review 2022
The year 2022 was overshadowed by the war in Ukraine, the end of which is far from in sight. The armed conflict represents a turning point in both politics and the economy and has also had a massive impact on the raw materials sector. Our review of the year shows which other topics moved the industry this year.
Major Shortage of Workers in the Mining Industry
There is currently a shortage of personnel in many sectors, including mining, which is already facing major challenges due to the increasing demand for critical minerals.
China: Robots Will Do the Job
China wants to meet technological and demographic challenges through the increased use of robots. This is also likely to increase the demand for rare earths.
Energy Transition: “Metals Will Replace Coal, Oil and Gas”.
In view of its climate protection targets, Europe must reduce its dependence on raw materials and produce more metals itself, a research team demands. A different policy is also needed.
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