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Mining and might: reflections on the history of metals and power

Author

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  • David Humphreys

    (CEPMLP, University of Dundee
    Rio Tinto
    Norilsk Nickel)

Abstract

Economic and military power have rested on the possession of metallic minerals for many centuries; far longer than has been the case with hydrocarbons. Since minerals are unevenly distributed around the world, there have been many instances in history where countries have sought to bolster or extend their power by the acquisition of minerals from others through trade or through territorial expansion (empire-building). This article explores the interplay of mining, metals and power, through case studies of Ancient Rome, Spain during its colonisation of South and Central America, Britain’s maritime empire, and the Soviet Union’s belated and rapid industrialisation during the twentieth century. These case studies serve to make the point that current concerns in the USA, Europe, Japan and China about the vulnerability of their economies and military capabilities to the disruption of mineral supplies from overseas are nothing new, although the range of minerals now used, the complexity of modern supply chains and prevailing geopolitical norms suggest that there may not be too much in the historical record to assist these countries and regions address their concerns.

Suggested Citation

  • David Humphreys, 2024. "Mining and might: reflections on the history of metals and power," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 37(2), pages 193-205, June.
  • Handle: RePEc:spr:minecn:v:37:y:2024:i:2:d:10.1007_s13563-023-00377-z
    DOI: 10.1007/s13563-023-00377-z
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    References listed on IDEAS

    as
    1. David Humphreys, 2015. "The Remaking of the Mining Industry," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-137-44201-7, March.
    2. C. C. Patterson, 1972. "Silver Stocks and Losses in Ancient and Medieval Times," Economic History Review, Economic History Society, vol. 25(2), pages 205-233, May.
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    More about this item

    Keywords

    Mineral supply; Power; Empire; Iron; Copper; Gold;
    All these keywords.

    JEL classification:

    • F52 - International Economics - - International Relations, National Security, and International Political Economy - - - National Security; Economic Nationalism
    • F54 - International Economics - - International Relations, National Security, and International Political Economy - - - Colonialism; Imperialism; Postcolonialism
    • L72 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Mining, Extraction, and Refining: Other Nonrenewable Resources
    • N53 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - Europe: Pre-1913
    • N54 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - Europe: 1913-
    • Q34 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Natural Resources and Domestic and International Conflicts

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