Critical Minerals
Mining, processing and refining of the minerals electrification, batteries, AI hardware and defence depend on: lithium, copper, nickel, cobalt, rare earths.
Active institutional funds added a net $2.2 billion in Q2 2026, versus $1.9 billion in Q1 2026 — an inflow 21% larger. 70% of companies in this theme saw increased active positions in Q2 2026.
Ecosystem Map
Mining, processing and refining of lithium, copper, nickel, cobalt and rare earths for electrification, batteries and defense. Excludes antimony, tungsten, gallium, germanium and other defense and semiconductor minerals, and diversified miners where the exposure is not strategically material.
Mining, processing and refining of minerals critical to defense, semiconductors and industry outside the battery chain — antimony, tungsten, gallium, germanium, titanium, beryllium and similar — including domestic supply built to replace Chinese exports. Excludes battery metals and rare earths and diversified miners where the exposure is not strategically material.
Bottleneck Tracker
Bottleneck details are part of the Pro plan.
Recent Discoveries
Recent discoveries are part of the Pro plan.