The past decade has seen a resurgence of interest in the supply security of mineral raw materials. A key to the current debate is the concept of 'criticality'. The present article reviews the criticality concept, as well as the methodologies used in its assessment, including a critical evaluation of their validity in view of classical risk theory. Furthermore, it discusses a number of risks present in global raw materials markets that are not captured by most criticality assessments. Proposed measures for the alleviation of these risks are also presented. We find that current assessments of raw material criticality are fundamentally flawed in several ways. This is mostly due to a lack of adherence to risk theory, and highly limits their applicability. Many of the raw materials generally identified as critical are probably not critical. Still, the flaws of current assessments do not mean that the general issue of supply security can simply be ignored. Rather, it implies that new assessments are required. While the basic theoretical framework for such assessments is outlined in this review, detailed method development will require a major collaborative effort between different disciplines along the raw materials value chain. In the opinion of the authors, the greatest longer-term challenge in the raw materials sector is to stop, or counteract the effects of, the escalation of unit energy costs of production. This issue is particularly pressing due to its close link with the renewable energy transition, requiring more metal and mineral raw materials per unit energy produced. The solution to this problem will require coordinated policy action, as well as the collaboration of scientists from many different fields-with physics, as well as the materials and earth sciences in the lead.

Laser ablation-inductively coupled plasma-mass spectrometry and electron-probe microanalysis were used to investigate the trace-element contents of sphalerite, chalcopyrite and pyrite from the Plaka Pb–Zn–Ag deposit. Using petrographic observations, the analytical results could be linked to the temporal evolution of the Plaka ore-forming system. Sphalerite chemistry reliably records the temperature andfS₂evolution of the system, with estimated formation temperatures reproducing the microthermometric results from previous fluid-inclusion studies. Chalcopyrite chemistry also shows systematic variations over time, particularly for Cd, Co, Ge, In, Sn and Zn concentrations. Measurable pyrite was only found in association with early high-temperature mineralisation, and no clear trends could therefore be identified. We note, however, that As and Se contents in pyrite are consistent with formation temperatures estimated from co-existing sphalerite. Statistical analysis of the sphalerite data allowed us to identify the dominant geological controls on its trace-element content. The three investigated factors temperature,fS₂, and sample location account for > 80% of the observed variance in Mn, Fe, Co, Ga, Ge, In, Sb and Hg concentrations, and > 60% of the observed variance in Cd and Sn concentrations. Only for Cu and Ag concentrations is the explained variance < 50%. A similarly detailed analysis was not possible for chalcopyrite and pyrite. Nevertheless, comparison of the results for all three investigated minerals indicates that there are some systematic variations across the deposit which may be explained by local differences in fluid composition.