Archive · 19 Jul 2026
Critical Mineral Investment Drops 9% in 2025
In 2025, the world spent less money on important minerals like lithium and nickel, even though these minerals are very important for things like electric cars and clean energy.
The spending on these minerals went down by 9%, which is a big change after several years of growth.
This happened because there were more problems in the world, like countries not getting along and prices changing a lot, which made people nervous about investing.
Some minerals, like copper, still got more money because people think they will be important in the future.
But other minerals, like lithium and nickel, saw a big drop in investment.
Governments tried to help by giving money to these projects, but there is still a lot more that needs to be done to make sure we have enough of these important minerals in the future.
Global investment in critical minerals declined by 9% in 2025, ending several years of growth.
The decline was attributed to rising geopolitical tensions, price volatility, and a more cautious investment environment.
Battery metals saw the steepest pullback in investment, with capital spending falling by more than 20%.
Lithium companies cut investment by around 40%, while copper-focused companies increased spending by 8%.
Government financial support for critical mineral projects reached around $65 billion in 2025, but there is a significant gap between announced commitments and actual disbursements.
- Who
- International Energy Agency (IEA)
- What
- Global investment in critical minerals declined by 9% in 2025
- When
- 2025
- Where
- Global
- Why
- Due to rising geopolitical tensions, price volatility, and a more cautious investment environment
- Investment Decline
- 9%
- Battery Metals Investment Decline
- More than 20%
- Lithium Investment Decline
- Around 40%
- Copper Investment Increase
- 8%
- Exploration Spending Decline
- More than 10%
- Lithium and Nickel Exploration Decline
- Around 45%
- Asia Pacific Exploration Increase
- 20%
- Government Financial Support in 2025
- $65 billion