There is increasing concern that restricted supplies of certain metals and other critical minerals could hinder the deployment of future technologies. This new white paper by Cientifica and Material Value, Simply No Substitute? takes a critical look at the current technology and policy landscape in this vital area, and in particular, the attempts to develop substitutes for critical materials.
A huge amount of research and development is currently taking place in academic and industrial research laboratories, with the aim of developing novel, innovative material substitutes or simply to ‘engineer-out’ critical materials with new designs. As an example, our analysis shows the number of patents related to substitutes for rare earth elements has doubled in the last two years. However, the necessity and effectiveness of this research activity is still unclear and requires greater insight. Certainly, as this white paper details, there is no universal agreement between Governments and other stakeholders on what materials are at risk of future supply disruptions.
In an effort to ensure the interests of end-users are represented across this increasingly complex and rapidly developing issue, the publication proposes the creation of a new industry body. This will benefit not just end-users, but also primary and secondary producers of critical materials, for who it is currently only feasible to have sporadic and inconsistent interaction with the diverse range of industries that use their materials.