Effect of Regulation on the Increasing Price of Metals and Minerals to Meet the Challenges in Clean Energy Transitions: A Case Study of China

Abstract

Considering that the development of science and technology depends on metal support, the EU, USA, and China have issued a critical metal list on the development report. However, the scarce and important mineral deposits on a global scale will not be enough to meet the huge needs of economic development in the future. Many fields such as renewable energy, high-performance computing, and AI all require critical metals as essential supports. A proper price regulation of such important metals will contribute to the fair price power on the international market. In this paper, the pricing history and strategy of critical metal support are fully studied and discussed. Since China has become a major consumer country, China should gain fair price power in the market of important metals.