From coal to critical minerals: How the energy transition is reshaping dry bulk trade

Dry bulk shipping is entering another phase of structural evolution. While coal’s long-term decline is inevitable, the material intensity of electrification and deployment of renewable energy are creating new trade flows, particularly in lithium-bearing ores such as spodumene and lepidolite. These cargoes, shipped as dry bulk, are scaling up fast enough to support vessel employment, ...

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