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Defense spending is accelerating. Can critical minerals keep up?
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NATO member countries have set a goal to increase defense spending to 5% of their GDP by 2035, building on the 2% benchmark established at the 2014 Wales Summit. NATO’s commitment to significantly increase defense spending is reshaping demand for the minerals that underpin advanced military systems — from aerospace alloys and electronics to propulsion, sensors, and energy storage.
In our Critical Minerals Briefing snapshot, you’ll discover:
- How NATO’s defense targets could drive a step‑change in demand for critical minerals through 2035
- The 12 defense‑critical minerals identified by NATO — and why nine face elevated supply risk
- Where supply concentration, export controls, and permitting bottlenecks pose the greatest challenges
- How policy moves, alliances, and new project pipelines are reshaping the global supply outlook
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