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May 1, 2024

Concentrated supply chains put critical minerals and food crops at greater risk from climate change, PwC warns

The PwC report suggests that more than 70% of copper, cobalt and lithium production could face significant drought risk by 2050 under a high-emissions scenario © Andrey Rudakov/Bloomberg
The PwC report suggests that more than 70% of copper, cobalt and lithium production could face significant drought risk by 2050 under a high-emissions scenario © Andrey Rudakov/Bloomberg

The production of commodities including copper, lithium, rice and wheat is limited to ‘a handful’ of countries

Global supplies of key mineral commodities and food crops are at greater risk of being disrupted by the impacts of climate change, with production being concentrated in only “a handful” of countries, a report by global consultancy PwC has warned.

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