Mine capacity and mineral price |
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Authors: | Larry Dale |
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Institution: | East-West Resource Systems Institute, East-West Center, 1777 East-West Road, Honolulu, Hawaii 96848, USA |
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Abstract: | The loss of foreign mineral supplies may affect domestic supply and price. To investigate the assumption that prices, a simple mine investment model that relates mine capacity to deposit attributes is used. A test of the model to see how well it approximates industry investment practice illustrates its accuracy. The model suggests that price changes can substantially affect the optimal capacity of planned or existing mines as well as the mineral supply in the USA. |
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Keywords: | Mine capacity Mineral price USA |
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