Trafigura CEO Says Tight Metal Supply Threatens Green Transition

Looming supply shortages of several key metals like copper and lithium could threaten the global transition to clean energy, according to Trafigura CEO Jeremy Weir.

A dearth of battery metals including lithium and cobalt have underscored the challenges that automakers could face in boosting electric-vehicle output, while deficits in industrial metals like copper could become a problem without increased investment in new supply, the head of the commodities trading house told Bloomberg Television at CERAWeek by S&P Global in Houston.