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While previous resource conflicts have often been linked to fuel minerals such as oil, future resource conflict may revolve around nonfuel minerals that enable strategic emerging technologies. During a 2010 diplomatic dispute, China reportedly blocked exports of rare earth elements to Japan, thereby leveraging China’s near-monopoly to threaten Japanese manufacturers of advanced...
Critical materials are resources that are vulnerable to supply disruptions, where those disruptions can have significant adverse impacts on society. In the coming years, materials supply risks associated with the energy transition and geopolitics are likely to intensify and new risks are expected to emerge. This perspective identifies three “Grand Challenges” that represent frontier...
Authors
Anthony Ku, Elisa Alonso, Rod Eggert, Thomas Graedel, Komal Habib, Alessa Hool, Toru Muta, Dieuwertje Schrijvers, Luic Tercero, Tatiana Vakhitova, Constanze Veeh
The accelerating adoption of clean energy technologies is driving demand for certain mineral commodities like lithium, essential for electric vehicle batteries. Understanding the influence of the energy transition on each market requires examining their supply and demand price elasticities. However, there have only been a limited number of studies that have estimated mineral demand price
Graham W. Lederer, James V. Jones, Darcy McPhee, Jeffrey L. Mauk, Robert R. Seal,, Kate M. Campbell, Jane M. Hammarstrom, Paul A. Bedrosian, Patricia Grace Macqueen, Garth E. Graham, Federico Solano, George N.D. Case, David George Pineault
Each mineral commodity chapter of the 2024 edition of the U.S. Geological Survey (USGS) Mineral Commodity Summaries (MCS) includes information on events, trends, and issues for each mineral commodity as well as discussions and tabular presentations on domestic industry structure, Government programs, tariffs, 5-year salient statistics, and world production, reserves, and resources. The...
Global resource extraction raises concerns about environmental pressures and the security of mineral supply. Strategies to address these concerns depend on robust information on natural resource endowments, and on suitable methods to monitor and model their changes over time. However, current mineral resources and reserves reporting and accounting workflows are poorly suited for...
Authors
Mark U. Simoni, Johannes A. Drielsma, Magnus Ericsson, Andrew G. Gunn, Sigurd Heiberg, Tom A. Heldal, Nedal T. Nassar, Evi Petavratz, Daniel B. Muller
Rhenium is a valuable rare metal that is primarily captured as a by-product during the processing of copper and molybdenum. Its complex capture pathway and low annual production (
Rare earth elements are increasing in demand due to the movement towards electrification. In particular, there is a growing need for high performance rare earth permanent magnets for motors and generators used to convert electrical energy to mechanical energy, and vice versa. Current trends in rare earth demand are reviewed and discussed as the specific rare earth metal demand can...
Authors
James Vaughan, Vitor L. Gontijo, Rick Valenta, Elisa Alonso
From 2000 through 2020, demand for cobalt to manufacture batteries grew 26-fold. Eighty-two percent of this growth occurred in China and China’s cobalt refinery production increased 78-fold. Diminished industrial cobalt mine production in the early-to-mid 2000s led many Chinese companies to purchase ores from artisanal cobalt miners in the Democratic Republic of the Congo (DRC), many of...
The relative quantities of ore mined and waste rock (i.e., overburden) removed to produce the rare earth elements—their rock-to-metal ratios—were calculated for 21 individual operations or regions covering nearly all mine production in 2018. The results indicate that the rock-to-metal ratios for the total rare earth elements ranged from a low of 1.6 × 101 to a high of 3.6 × 103, with...
Authors
Nedal T. Nassar, Graham W. Lederer, Abraham J. Padilla, Joseph Gambogi, Daniel James Cordier, Jamie L. Brainard, Joseph D. Lessard, Ryan Charab