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Assessing the supply potential of high-tech metals – A general method

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  • Frenzel, Max
  • Tolosana-Delgado, Raimon
  • Gutzmer, Jens

Abstract

The demand for some of the rarer elements in the Earth's crust, mostly from high-tech applications, is increasing rapidly. Many of these elements are produced exclusively as by-products resulting in potentially significant supply limitations. In this article, a general method for the assessment of the supply potential of such elements is developed from a conceptual model of the supply-chain. Namely, statistical and deterministic models are introduced to quantify both the variability in by-product concentrations in the relevant raw materials, as well as the effects of this variability on achievable recoveries. The assessment of uncertainties is implemented via Monte-Carlo-type simulations. Presentation of the results in availability curves ensures adaptability to future changes in market conditions, while extensive documentation of the assessment method, available as electronic supplementary material with this article, ensures reproducibility.

Suggested Citation

  • Frenzel, Max & Tolosana-Delgado, Raimon & Gutzmer, Jens, 2015. "Assessing the supply potential of high-tech metals – A general method," Resources Policy, Elsevier, vol. 46(P2), pages 45-58.
    • Handle: RePEc:eee:jrpoli:v:46:y:2015:i:p2:p:45-58
    DOI: 10.1016/j.resourpol.2015.08.002
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    References listed on IDEAS

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    Cited by:

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    2. Frenzel, Max & Mikolajczak, Claire & Reuter, Markus A. & Gutzmer, Jens, 2017. "Quantifying the relative availability of high-tech by-product metals – The cases of gallium, germanium and indium," Resources Policy, Elsevier, vol. 52(C), pages 327-335.
    3. Maria A. Franco & Stefan N. Groesser, 2021. "A Systematic Literature Review of the Solar Photovoltaic Value Chain for a Circular Economy," Sustainability, MDPI, vol. 13(17), pages 1-35, August.
    4. António Mateus & Luís Martins, 2021. "Building a mineral-based value chain in Europe: the balance between social acceptance and secure supply," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 34(2), pages 239-261, July.
    5. Jordan, Brett, 2018. "Economics literature on joint production of minerals: A survey," Resources Policy, Elsevier, vol. 55(C), pages 20-28.
    6. Alexandre Tisserant & Stefan Pauliuk, 2016. "Matching global cobalt demand under different scenarios for co-production and mining attractiveness," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 5(1), pages 1-19, December.
    7. Vincent Moreau & Piero Carlo Dos Reis & François Vuille, 2019. "Enough Metals? Resource Constraints to Supply a Fully Renewable Energy System," Resources, MDPI, vol. 8(1), pages 1-18, January.

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