Amazon is working with XPRIZE to design a competition to advance critical minerals circularity and responsible sourcing practices.
The technology we use every day—our phones, laptops, and electric vehicles—depends on materials most people never see. Critical minerals like lithium, cobalt, nickel, copper, and rare earth elements are essential to the global economy and the clean energy transition, powering everything from batteries to data centers and renewable energy systems. Yet the systems that supply these materials are under increasing strain. Supply chains are highly concentrated and vulnerable to disruption, creating risks for energy security, geopolitical stability, and the pace of decarbonization. At the same time, communities closest to mineral extraction often face significant human rights challenges, from unsafe labor conditions and human rights risks to environmental degradation and potential impacts on Indigenous lands.
According to the International Energy Agency (IEA), global demand for critical minerals is projected to quadruple by 2040, amplifying those risks—and creating opportunities. Conventional mining alone cannot meet this demand quickly or responsibly. New projects can take more than a decade to develop, and expansion could intensify pressure on ecosystems and communities. Today’s system also remains largely linear—materials are extracted, used, and too often lost as waste before the end of their useful life. Meeting this moment will require building more circular systems that keep critical minerals in use longer through recovery, reuse, and recycling.
That's why Amazon is collaborating with XPRIZE, the world's leader in designing and operating large-scale incentive competitions to solve humanity's grand challenges. Together, we are designing the XPRIZE Critical Minerals grand challenge: a global competition to help accelerate scalable solutions that advance circularity and transform how these essential materials are sourced, processed, and reused. And we are inviting other companies, government entities, and funders to join us in shaping and scaling this effort.