Towards Carbon Neutral Industry - A Critial Raw Materials Perspective

Energy-intensive industries have a great impact on carbon neutral development by reducing fossil-based carbon emissions into the atmosphere. This working paper provides insights into pathways towards carbon neutral industry from critical and strategic raw materials perspective. Here, carbon neutral industry refers to technologies that have a major contribution for decarbonising energy-intensive industrial sectors and their critical raw materials demand. First, we outline the current situation, understanding the industry pathways to carbon neutrality, and focusing more on critical raw materials in new technology transitions such as process changes and renewable energy, instead of incremental CO2 reduction.