NATO Growing Defense Ambitions Reshaping Critical Minerals Markets Download

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Defense spending is accelerating. Can critical minerals keep up?

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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Critical Minerals Briefing PDF front page

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