The significance of strategic critical minerals in the global transition toward green and low-carbon energy has attracted considerable attention from many countries. Understanding the evolution of the strategic critical minerals policy system is crucial for identifying key issues in policymaking. ... Mineral Economics, 33 (1) (2020), pp. 127 ...
Critical and strategic minerals are essential to the economic and national security of both industrialized nations like the United States and developing countries. They are key to manufacturing and agricultural supply chains, and to the successful deployment of modern technologies in a variety of industries, including telecommunications ...
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America's economic and political security depends upon a secure future supply of strategic minerals. With nearly every modern technology, from smartphones to jet engines to wind turbines, requiring the use of strategic minerals, the World Economic Forum has suggested they will be the new oil of the 21st century.
The classical economy identifies material resources fixed and finite. From the institutional perspective, resources are created by humans and vary due to the development in technology and science (De Gregori, 1987).The line between valuable ore and waste is not clear, since it may change over time depending on the extractive strategy, the economic context and …
Letting critical minerals go to waste — literally — in mine tailings or spent batteries means that Canadians do not retain the benefits of those materials. That is why the Canadian Critical Minerals Strategy has a circular economy approach, which seeks to encourage reuse and recycling to minimize waste at every stage of the value chain.
28 October 2024 (IEEFA South Asia): India needs to carefully craft its import strategy to circumvent potential trade risks while balancing international ties for procuring minerals critical …
Many different mineral commodities are important to modern society. However, when mineralogists think about mining, they are generally thinking of ore minerals that are the sources of important metals, or of minerals that have specific, highly valued properties (e.g., asbestos, micas, potash, and gems of all sorts).That is what we will focus on in most of the rest of this …
Ensuring the accuracy and effectiveness of strategy and policy formulation is critical for securing strategic critical mineral resources. Therefore, by conducting a comprehensive …
OECD analysis and standards support governance frameworks and enhanced international collaboration to achieve more sustainable production and consumption of critical minerals.
The strategic minerals, essential for various industries, including renewable energy, batteries, and technology, have become focal points in a geopolitical chessboard where major global powers vie for dominance and influence. Africa's significance in the global supply chain of strategic minerals amplifies the geopolitical stakes.
Critical minerals are those minerals that are essential for modern technologies, economic development and national security. Resilent acess to critical minerals is required for low carbon technologies in line with India's COP26(COP26 stands for the 26th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC). The …
Other economic parameters associated with the equivalent factor such as the byproduct's sale cost and the recovery rate also impact the economic cutoff strategy within the operation. Therefore, in order to successfully maximise the total NPV, the variability of the economic indicators of both the primary product and the byproduct must be ...
Once the price of important mineral resources fluctuates abnormally and there is an interruption or shortage of supply, the strategic reserve resources can be put into the market to adjust the relationship between supply and demand in the market, thus greatly improving the right to speak on the price of mineral resources.
Economic security guides Japan's approach. Its strategy to secure its identified list of critical minerals, presented under an overall resource strategy published in 2020, recognises …
Strategic minerals have a substantial role to play in the development and security of the nation and play a critical role in the development of the national economy.
To transform its strategic mineral sector and ensure that these resources contribute meaningfully to the national economy, Tanzania must focus on several key areas: Geological Surveys and Data Access : One of the most …
Critical minerals are the key to guaranteeing national economic security, defense security, and resource security. Critical minerals are essential for strategic emerging industries (Ballinger et al. 2019).
Mineral economics is the study that focuses on the efficient extraction, distribution, and management of mineral resources, which are vital to industrial and technological development.Understanding mineral economics involves analyzing market trends, pricing strategies, and supply chain logistics to ensure sustainable and profitable use of these finite …
The National Critical Minerals Strategy is a comprehensive framework aimed at maximizing Zambia's socio-economic benefits from its mining sector. With legislative changes already underway, including the proposed Bill and associated Regulations, further developments are expected as the government continues to implement the strategy through 2028.
Viewing China's critical mineral strategies exclusively through a geopolitical lens breeds misconceptions and confrontation. The "de-risking" strategy envisaged in the G7 …
Providing leadership to the mineral economics and strategy team in research design, development of hypothesis, methodology and report writing in order to ensure quality and consistency of research deliverables of the Mineral Economics and Strategy Unit. Undertaking quantitative… Show more
mineral economics, the role of governments and how policies affect mineral supplies is likely to drive the interest in the discipline for the upcoming years. In the context of the UN Sustainable Development Goals, Ali et al. (2017) argue that mineral depletion and supply disruptions require an active role of governments and policy-makers. The ...
However, the development of China's approach to critical minerals suggests that a more balanced narrative is warranted. That is, the key driver of these strategies has been China's domestic economic needs and policy priorities. China's economic pressure. China's recent use of economic pressure on Australia and Lithuania is difficult to ...
Copenhagen Economics have assisted the Mineral Licence and Safety Authority on Greenland's new Mineral Strategy. The Government of Greenland has now approved Greenland's Mineral Strategy 2020 – 2024, which contains five focus areas. ... Explore Greenland's Mineral Strategy 2020-2024. Uncover insights shaping sustainable development ...
28 October 2024 (IEEFA South Asia): India needs to carefully craft its import strategy to circumvent potential trade risks while balancing international ties for procuring minerals critical to accelerating its energy transition, a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) states. IEEFA's report examines five critical minerals (and their …
The tenets of a circular economy advocate for a regenerative approach, emphasizing the continued use of products and materials through recycling, refurbishing, and reusing. In the context of mineral resources, this involves establishing sustainable practices aimed at maximizing the value derived from minerals throughout their lifecycle.
This new book will help you effectively direct mining operations through the use of innovative economic strategies. The text covers what is meant by a cost-effective mining scheme, the economics of information, and the procedures for rational evaluation of uncertain projects. ... Mineral Exploration and Mining Essentials. Robert Stevens.
Mineral Value Chains. Geometallurgy; Mineral and extractive circuit modelling and analysis; Resource Economics; Strategic Minerals. Rare earths; Value from Waste. Repurposing mine waste and land; Urban mining; Cross-disciplinarity Research; Academic Outputs. Publications and Presentations; Student Research Awards; Student Research Days ...
This article by the Australian Strategic Policy Institute, titled " China shows how Western governments should stockpile minerals," highlights China's sophisticated strategy of managing strategic mineral stockpiles to influence global mineral markets, secure economic stability, and prepare for national emergencies.By actively buying minerals when prices are low …
With global politics increasingly fractured, states are rushing to secure critical and strategic mineral supply chains. Each state conceptualizes mineral security differently, driven by a mix of ...
sustain its economy and produce effective weapons for defense. This is especially true for the world's two largest economies, those of the United States and China, which are similarly import dependent for around half of their petroleum imports and large quantities of their strategic minerals. Because China's economy and resource import
Circular economy strategy for mineral wool waste | 1 1 Introduction 1.1 Background Circular economy is promoted as the solution to decouple resource consumption and economic activities, which has been recognized as the key approach in sustainable urban development [1]. To
In this paper, we analyze the strategies adopted by the Swedish state-owned iron ore mining producer LKAB in response to the 1970s energy crises, i.e., soaring energy input expenses in combination ...
Our newest research paper, The Economic and Strategic Importance of Domestic Mineral Production, provides a sober analysis of the challenge of retooling our energy system from hydrocarbons to minerals and …