Charted: How Many Years of Supply Life Are Left for Commodities?

By Cody Good – Visual Capitalist

Lithium supply life declined by 127 years, while uranium had a smaller drop of 31 years. These drops matter for electric vehicles, wind turbines, and defense technologies that all rely on steady rare earths  and other critical minerals.

Traditional Commodities More Stable

The sharpest supply-life shifts centered on critical minerals, not legacy commodities. Cobalt is the lone critical mineral with moderate change, having a decline of 11 years.

For legacy commodities, oil had a modest reduction of 4 years while the precious metals, silver and gold, saw slight increases in supply while others stayed essentially flat.