Mine for copper mining in Iran. The raw materials index increased in March against the background of record indicators for minerals and metals Economic development global prices for raw materials in March rose by 4.8 percent in annual calculus, which was facilitated by a sharp increase in demand for minerals and metals. This was reported from the UN Conference on Trade and Development (UNCTAD). The group of goods includes critical minerals necessary for the production of electric vehicles, solar panels, artificial intelligence infrastructure and other technologies. prices for minerals, ores and metals jumped 23.6 percent compared to March last year and reached a historical maximum. The leaders were precious metals that rise in price by 37.4 percent. ~ 60 > rising prices are also recorded on food products (+6.6 percent) and agricultural raw materials (+3.1 percent). On the contrary, fuel prices for the same period decreased by 3.0 percent, which influenced the total dynamics. ~ ~ 60 > in general, in 2024, raw materials prices decreased by 2.3 percent, continuing the decline from the peak values of 2022. However, without taking into account the fuel, the price of raw materials for raw materials has reached a record level, which reflects high demand for the raw materials necessary for the energy and digital transition. ~ 60 > 62 > 62 >Critically important minerals: strategic resources that change the rules of trade and development 60 > group of minerals, ores and metals include critical minerals such as copper, lithium, nickel and cobalt-key materials for the production of electric vehicles, solar panels, II-infrastructure and other technologies Energy and digital transition. ~ 60 > critical minerals become strategic assets, affecting trade, investment and development. Tracking the prices of raw materials is becoming more and more important as the demand is changed. ~ 60 > in the last review of global trade in the Junctad, special attention is paid to copper, considered as an indicator of trade dynamics in the sector of critically important Minerals. 60 > read also: ~ 60 > unit: copper deficiency can slow down the transition to pure energy and digital. Infrastructure ~ 60 > it is expected that global demand for copper will grow by more than 40 percent by 2040, but the proposal does not keep up with it. To satisfy the needs, it is necessary to open 80 new mines and invest 250 billion dollars by 2030. ~ 60 > more than half of the world’s copper reserves in only five countries, which causes concern about the concentration of supplies. The deadlines for the development of deposits that occupy up to 25 years, a decrease in the quality of ore and the growth of geopolitical tension complicate the situation.