Enhancing ASEAN's Role in Critical Mineral Supply Chains.

Enhancing ASEAN's Role in Critical Mineral Supply Chains.

1st ed.

9789815203233
9789815203226

Singapore : ISEAS - Yusof Ishak Institute, 2024.

©2024.

English

1 online resource (38 pages).

The clean energy transition momentum is gathering pace globally, and in Southeast Asia as well. The transition is dependent on an uninterrupted supply of critical minerals and metals that are essential for the production of low-carbon technologies.The supply of critical minerals is impeded by several constraints. First is the dominance of a handful of countries in both the upstream and downstream parts of the supply chain. Second is the current geopolitical race to secure supplies leading to greater protectionist behaviours, exhibited through export bans and trade impediments.This study focuses on four selected critical minerals which are important to the region. Two criteria are used in determining a mineral having high significance: (1) There are significant deposits of it which can be tapped on to bolster Southeast Asia's strategic position in the supply chains; and (2) It is an essential input in industries and sectors of importance in Southeast Asia. The four critical minerals examined in this study are: copper, nickel, bauxite (alumina), and rare earth elements (REEs).

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