Critical minerals for the energy transition experience revenue growth

On 1 December we have released a new SDI Classification and SDI Innovation Outlook dataset. The SDI taxonomy continues to iterate. It is not a static framework but evolves to capture the latest thinking and acts as the backbone of what we are doing. The key enhancements alongside this new release was an update of SDI Contribution Factors and commodity prices in the Mining Formula to better reflect recent commodity price and energy transition trends.

James Leaton, Research Director SDI AOP: “The mining sector has seen a boost in SDI revenues in this update, which is driven by a number of factors. Firstly higher commodity prices during the last financial year for minerals critical to the energy transition have boosted revenues from existing production. Secondly some new mines have come onstream growing segments or adding new specialist players. Thirdly, the strong demand for these minerals for renewable/electric vehicle applications has increased market shares for minerals such as lithium. This means that a greater proportion of the industry’s revenues can be attributed to SDI aligned purposes”.

SDI Classification

In the latest quarterly release concludes the 2023 updates of SDI revenue classification. In total 10,248 companies were assessed. It identifies 1381 companies with more than 50% SDI aligned revenues, and 843 companies with 10-50% SDI aligned revenues. This contrasts with 610 companies with majority negative revenues and 182 with decisive negative revenues. 

SDI Innovation Outlook 

In total 9081 companies are in the universe. In this release of the SDI Innovation Outlook a score is provided for 2526 companies. Of those, 1431 companies have an Innovation Outlook over 10%.

In case of any questions related to the development and maintenance of the SDI taxonomy and guidance, SDI definitions and classification methodology or our research initiatives please send an email to info@sdi-aop.org

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