Resource criticality and commodity production projections

Giurco, D; Mohr, S; Mudd, G; Mason, L; Prior, T

Resource criticality and commodity production projections

Giurco, D

Mohr, S Mudd, G Mason, L Prior, T

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Publication Type:: Journal Article
Citation:: Resources, 2012, 1 (1), pp. 23 - 33
Issue Date:: 2012-12-01

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Field	Value	Language
dc.contributor.author	Giurco, D https://orcid.org/0000-0002-1707-9531	en_US
dc.contributor.author	Mohr, S	en_US
dc.contributor.author	Mudd, G	en_US
dc.contributor.author	Mason, L	en_US
dc.contributor.author	Prior, T	en_US
dc.date.issued	2012-12-01	en_US
dc.identifier.citation	Resources, 2012, 1 (1), pp. 23 - 33	en_US
dc.identifier.uri	http://hdl.handle.net/10453/29581
dc.description.abstract	© 2012 by the authors. licensee MDPI, Basel, Switzerland. Resource criticality arising from peak production of primary ores is explored in this paper. We combine the Geologic Resource Supply-Demand Model of Mohr [1] to project future resource production for selected commodities in Australia, namely iron and coal which together represent around 50% of the value of total Australian exports as well as copper, gold and lithium. The projections (based on current estimates of ultimately recoverable reserves) indicate that peak production in Australia would occur for lithium in 2015; for gold in 2021; for copper in 2024; for iron in 2039 and for coal in 2060. The quantitative analysis is coupled with the criticality framework for peak minerals of Mason et al. [2] comprising (i) resource availability, (ii) societal resource addiction to commodity use, and (iii) alternatives such as dematerialization or substitution to assess the broader dimension s of peak minerals production for Australia.	en_US
dc.relation.ispartof	Resources	en_US
dc.relation.isbasedon	10.3390/resources1010023	en_US
dc.title	Resource criticality and commodity production projections	en_US
dc.type	Journal Article
utslib.citation.volume	1	en_US
utslib.for	0502 Environmental Science and Management	en_US
utslib.for	0907 Environmental Engineering	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/DVC (Research)
pubs.organisational-group	/University of Technology Sydney/DVC (Research)/Institute For Sustainable Futures
pubs.organisational-group	/University of Technology Sydney/Strength - ISF - Institute for Sustainable Futures
utslib.copyright.status	open_access
pubs.issue	1	en_US
pubs.publication-status	Published	en_US
pubs.volume	1	en_US

Abstract:

© 2012 by the authors. licensee MDPI, Basel, Switzerland. Resource criticality arising from peak production of primary ores is explored in this paper. We combine the Geologic Resource Supply-Demand Model of Mohr [1] to project future resource production for selected commodities in Australia, namely iron and coal which together represent around 50% of the value of total Australian exports as well as copper, gold and lithium. The projections (based on current estimates of ultimately recoverable reserves) indicate that peak production in Australia would occur for lithium in 2015; for gold in 2021; for copper in 2024; for iron in 2039 and for coal in 2060. The quantitative analysis is coupled with the criticality framework for peak minerals of Mason et al. [2] comprising (i) resource availability, (ii) societal resource addiction to commodity use, and (iii) alternatives such as dematerialization or substitution to assess the broader dimension s of peak minerals production for Australia.

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http://hdl.handle.net/10453/29581