Peak Minerals: Theoretical Foundations and Practical Application

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Show simple item record May, D Prior, T Cordell, D Giurco, D 2012-10-12T03:33:19Z 2012-03
dc.identifier.citation Natural Resources Research, 2012, 21 (1), pp. 43 - 60
dc.identifier.issn 1520-7439
dc.identifier.other C1 en_US
dc.description.abstract This article reviews the theoretical foundations for the concept of peak minerals; drawing on similarities and differences with peak oil as modelled using Hubbert style curves. Whilst several studies have applied peak modelling to selected minerals, discussion of the appropriateness of using Hubbert style curves in the minerals context remains largely unexplored. Our discussion focuses on a comparison between oil and minerals, on the key variables: rates of discovery, estimates of ultimately recoverable resources and demand and production trends. With respect to minerals, there are several obstacles which complicate the application of Hubbert style curves to the prediction of future mineral production, including the lack of accurate discovery data, the effect of uncertain reserve estimates, and varying ore quality and quantity. Another notable difference is that while oil is often combusted during use, minerals are used to make metals which are inherently recyclable. Notwithstanding, by using a range of estimates of resources and/or reserves, a period of time can be identified which indicates when a peak in minerals production may occur. This information may then be used to plan for a transition from using a potentially constrained resource, to using substitutes if available, or to reducing demand for that mineral in society. © 2011 International Association for Mathematical Geology.
dc.language eng
dc.relation.isbasedon 10.1007/s11053-011-9163-z
dc.title Peak Minerals: Theoretical Foundations and Practical Application
dc.type Journal Article
dc.parent Natural Resources Research
dc.journal.volume 1
dc.journal.volume 21
dc.journal.number 1 en_US
dc.publocation Netherlands en_US
dc.identifier.startpage 43 en_US
dc.identifier.endpage 60 en_US DVCRch.Institute for Sustainable Futures en_US
dc.conference Verified OK en_US
dc.for 0914 Resources Engineering and Extractive Metallurgy
dc.for 0502 Environmental Science and Management
dc.personcode 000915
dc.personcode 996446
dc.personcode 106570
dc.personcode 107171
dc.percentage 50 en_US Environmental Science and Management en_US
dc.classification.type FOR-08 en_US
dc.edition en_US
dc.custom en_US en_US
dc.location.activity en_US
dc.description.keywords economic
dc.description.keywords environmental
dc.description.keywords Hubbert
dc.description.keywords minerals
dc.description.keywords mining
dc.description.keywords peak oil
dc.description.keywords resource depletion
dc.description.keywords sustainable
pubs.embargo.period Not known
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 - Sustainable Futures
utslib.copyright.status Closed Access 2015-04-15 12:17:09.805752+10
pubs.consider-herdc true
utslib.collection.history Institute For Sustainable Futures (ID: 362)
utslib.collection.history Closed (ID: 3)

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