An evaluation of the supply risk for China's strategic metallic mineral resources

Shiwei Yu, Haoran Duan and Jinhua Cheng

Resources Policy, 2021, vol. 70, issue C

Abstract: An important issue for ensuring a nation's economic security involves evaluating the supply risk of its strategic mineral resources. Considering the impact of strategic emerging industries on the supply risk of China's strategic minerals, this study establishes an indicator system for evaluating such risks. Specifically, using stochastic multi-criteria acceptability analysis for the ELimination Et Choix Traduisant la REalité TRI method, this study systematically evaluates the supply risk of 14 strategic metallic mineral resources in China from 2008 to 2017 and through 2025. The results indicate that: 1) From 2008 to 2017, the supply risk level of molybdenum and rare earth elements were low or low-to-medium, and those of 12 other minerals were high or medium-to-high; 2) For copper, gold, tungsten, molybdenum, antimony, and lithium, the supply risk level increased, and that for nickel decreased, while for iron, tin, chromium, and rare earth elements it irregularly fluctuated; and 3) The supply risk of chromium, molybdenum, lithium, and rare earth elements was influenced by potentially higher risk factors caused by poor substitutability and low recycling rate.

Keywords: Strategic metallic mineral resources; Supply risk; SMAA-TRI; Potential risk; Supply risk in 2025 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (22)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:70:y:2021:i:c:s0301420720309223

DOI: 10.1016/j.resourpol.2020.101891

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