Long-term demand and supply of non-ferrous mineral resources by a mineral balance model
Koji Tokimatsu (),
Rieko Yasuoka and
Additional contact information
Koji Tokimatsu: Tokyo Institute of Technology
Shinsuke Murakami: The University of Tokyo
Tsuyoshi Adachi: Akita University
Ryota Ii: Pacific Consultants, Co. Ltd
Rieko Yasuoka: Systems Research Center, Co. Ltd
Masahiro Nishio: National Institute of Advanced Industrial Science and Technology
Mineral Economics, 2017, vol. 30, issue 3, No 3, 193-206
Abstract We develop a mineral resource balance model to assess sustainable supply for such as copper, zinc, and lead up to 2150. This constitutes from a demand projection model whose outputs are exogenously given to a supply-side model, which expresses simplified structure of material flow and stock, from ore production by mining, smelting, and refining, new and old scraps, manufacturing final product to satisfy the final demand, stocks for in-use and out-of-use, disposal, and recycling. Our model is distinct in the long term and global level, modeling both supply and demand sides in various mineral resources by applying linear programming to minimize discounted sum of overall system cost of the resources. Results indicate that the demand of copper, zinc, and lead in 2100 increases by some two to five times compared with those in 2010. This is similar level compared with those in existing studies that employed different modeling approaches. Mineral production from ore in copper and lead peaks out around 2040 satisfying the demand by scrap recycling, while zinc ore production shows continuous increase because of difficulties in metal recovery. Development of new ore deposit and promotion of scrap recycling are strongly demanded to meet the final demand projections.
Keywords: Copper; Zinc; Lead; Sustainability; Linear programming; Demand and supply balance model; Q01 Sustainable Development; Q32 Exhaustible Resources and Economic Development (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
http://link.springer.com/10.1007/s13563-017-0109-8 Abstract (text/html)
Access to the full text of the articles in this series is restricted.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:spr:minecn:v:30:y:2017:i:3:d:10.1007_s13563-017-0109-8
Ordering information: This journal article can be ordered from
Access Statistics for this article
Mineral Economics is currently edited by Magnus Ericsson and Patrik Söderholm
More articles in Mineral Economics from Springer, Raw Materials Group (RMG), Luleå University of Technology
Bibliographic data for series maintained by Sonal Shukla ().