The USSR, China, India and the world metals industry to 2010

Remarkable changes are occurring within the economies of the USSR, China and India that are influencing mineral industry activities. These three countries account for a major share of world minerals production and consumption. Their domestic reforms may ultimately have a serious impact on the global mining industry. This paper examines the present status of the Soviet, Chinese and Indian mineral industries, and forecasts conditions to 2010. Long-term characteristics analysed include industrial production, intensity of use, consumption, mine and plant expansion and trade policy. Six metals are highlighted in the study – aluminium, copper, lead, nickel, steel and zinc.     

有色金属行业CO2排放估算方法研究

通过对国内外有色金属行业温室气体排放估算方法研究现状的分析,将联合国政府间气候变化专门委员会(IPCC)温室气体排放清单指南、国际有色行业协会和环境科学研究中的一些常用算法,总结归纳应用于有色金属行业温室气体的排放量估算,从估算方法和结果上分析各种方法的优缺点和使用条件。以原铝生产CO2排放估算为例,对有色金属温室气体排放进行实证分析,为有色金属行业温室气体排放估算提供参选方法,促进有色金属工业的节能减排。     

Copper in India: Present and future outlook

The availability of mineral resources plays an important role in India's national economy. Copper, one of the important non-ferrous metals, has various industrial uses and demand for it is increasing in India where the inventory and production of copper, though not comparable with developed countries, shows an impressive growth rate, particularly during the last decade. With an increasing rate of industrial production envisaged in future plans copper consumption is expected to rise. Logistic curves have been used to study the potential long-term production capability under the dynamic concept of reserves and resources, with curves drawn for various estimates of total available resources. The production figures shown are not final and are subject to change due to a number of factors. This approach merely provides a method for projecting trends in future production.     

Influence of nutrient levels on uptake and effects of mercury, cadmium, and lead in water spinach

In Southeast Asia the aquatic macrophyte water spinach (Ipomoea aquatica Forsk.) is a popular vegetable that is cultivated in freshwater courses. These often serve as recipients for domestic and other sorts of wastewater that often contain a variety of pollutants, such as heavy metals. In addition, fertilizers are frequently used where water spinach is cultivated commercially for the food market. To estimate the importance of ambient nutrient concentrations for accumulation of mercury (Hg), cadmium (Cd), and lead (Pb) in water spinach, plants were exposed to nutrient solutions of different strength and with varying metal concentrations. Metal-induced toxic effects, which might possibly affect the yield of the plants, were also studied. The lower the nutrient strength in the medium was, the higher the metal concentrations that accumulated in the different plant parts and the lower the metal concentration in the medium at which metal-induced toxic effects occurred. Accordingly, internal metal concentrations in the plants were correlated to toxic effects. Plants exposed to metals retained a major proportion of the metals in the roots, which had a higher tolerance than shoots for high internal metal concentrations.     

Structural Change in the Metals Industry: A Quantitative Assessment

This study examines the major changes that have occurred in the metals industry over the past 35 years. A quantitative assessment of the impact of these changes on consumption and production is provided. The study finds that the slowing down in industrial activity in the metals-using sector, which began in the early 1970s, is the major factor behind the weak growth in metals consumption. The structural changes which have affected demand are minor in comparison. On the supply side, the dominant factor behind relatively high production is the overhang of mine capacity that had been built in aicipation of much higher metals consumption. Again, the structural factors are relatively unimportant.     

Dynamic metals demand model

Studies by Nutting, Jacobson and Evans and Georgentalis et al. have all concluded, using panel data sets, that a number of metals appear to share a common demand curve that is stable over time. However, these studies have a number of theoretical and econometric limitations. This paper addresses these concerns and reassesses the hypothesis that some metals share such a common demand curve with the same price elasticity of demand. This is achieved within the framework of a random coefficients model. This model was applied to a dynamic metals demand function (DLR) and various estimation techniques were used including OLS, IV, Empirical Bayes (EB) and Instrumental Variables Empirical Bayes (IV-EB). It was found that each metal had its own individual short run demand function with statistically different own price and industrial activity elasticities of demand. In the long run, each metal appeared to be equally unresponsive to price changes, but had different industrial activity elasticities. The speeds of price adjustment to periods of market disequilibrium differed substantially between metals.     

Structural changes and price formation in the minerals and metals industry

The paper seeks to analyse the deep structural changes which have occurred in the mining and metals industries over the last twenty years. Slackening demand and its unprecedented persistence have forced producers to innovate and cut costs. Companies have adopted a variety of strategies and the former homogeneity displayed by the industry has given way to a more fluid structure with no clear market leaders.     

Future U.S. Water Consumption: The Role of Energy Production1

Elcock, Deborah, 2010. Future U.S. Water Consumption: The Role of Energy Production. Journal of the American Water Resources Association (JAWRA) 46(3):447-460. DOI: 10.1111/j.1752-1688.2009.00413.x Abstract: This study investigates how meeting domestic energy production targets for both fossil and renewable fuels may affect future water demand. It combines projections of energy production developed by the U.S. Department of Energy with estimates of water consumption on a per-unit basis (water-consumption coefficients) for coal, oil, gas, and biofuels production, to estimate and compare the domestic freshwater consumed. Although total domestic freshwater consumption is expected to increase by nearly 7% between 2005 and 2030, water consumed for energy production is expected to increase by nearly 70%, and water consumed for biofuels (biodiesel and ethanol) production is expected to increase by almost 250%. By 2030, water consumed in the production of biofuels is projected to account for nearly half of the total amount of water consumed in the production of all energy fuels. Most of this is for irrigation, and the West North Central Region is projected to consume most of this water in 2030. These findings identify an important potential future conflict between renewable energy production and water availability that warrants further investigation and action to ensure that future domestic energy demand can be met in an economically efficient and environmentally sustainable manner.     

The copper industry 1945–1975

During the 1945–1975 period copper differed from other major non-ferrous metals and mineral products in experiencing rising real prices, on a trend basis. This paper examines the major features of supply and demand over the period, including the impact of economic activity, changing locations of consumption and trends in costs. Government controls affecting both supply and demand and US government stockpiling policies were all pervasive especially in the 1950s. Supply was throughout periodically interrupted by lengthy and widespread strikes and was also subject to frequent and wide-ranging political disturbances during the 1960s. From the early 1960s onwards a substantial share of world production became state controlled, profoundly altering the objectives and commercial policies of suppliers. Tightening anti-trust legislation and the changing location of consumption combined with changes in ownership to weaken the willingness and ability of suppliers to influence prices. The paper concludes that the behaviour of copper prices during the 1945–1975 period arose from the particular circumstances of the time and offers very little guidance, if any, to likely future trends.     

构建有色金属矿山二级生态工业研究

为了解决有色金属矿山所面临的环境污染和资源短缺的问题,提出了绿色矿山的发展模式,构建有色金属矿山二级生态工业体系是实现绿色矿山的重要途径。有色金属矿山二级生态工业体系依据工业生态学原理,以实现工业资源的有限输入和工业废物的有限输出为目的,具体通过矿山清洁生产、预防废物产生、废物循环利用及最小量废物必要处置等途径实现。     

再生铜行业环境管理问题的若干思考和建议

随着我国铜冶炼(原生铜和再生铜)行业对含铜二次资源需求量的增加,集废旧资源回收、拆解和分选、二次资源出售、铜再生利用于一体的产业链逐渐发展壮大起来。然而高能耗、高污染、低质量、低产出的特点在再生铜行业依然存在,环境监管政策和标准也不健全不完善。随着人们对美丽生态环境诉求的增加,必须加强有色金属行业的环境管理。本文对再生铜行业发展和环境管理做了一些思考,特别是对再生铜行业环境管理存在的问题进行了分析,并针对问题提出了几点政策性建议,以期为我国再生铜产业的环境友好发展和环境监管提供借鉴。     

Is there a common metals demand curve?

Previous studies have identified a single, stable and strong correlation between the price of metals and their consumption, such that low priced metals are always used in large amounts and visa versa. Some have interpreted this as evidence that metals share a common demand curve so that a single price elasticity of demand exists. This paper reviews and tests this hypothesis against a number of other possible explanations, including the idea that the relationship is an empirical curiosity. Modifications to the demand curve were tested by allowing metals to have different intercepts and price elasticities. The results from this analysis suggest that metals do not share a common demand curve and that the correlation identified between the price of metals and their level of consumption is an empirical curiosity. As such, the singular price elasticities published in past papers should not be used for assessing future rates of metals substitution.     

Diversification or specialization : The role of risk

The purpose of this article is to analyse the use of diversification and market specialization as corporate strategies by non-ferrous metal company managements as responses to adverse financial conditions. The analytical framework is provided by the financial theory of risk. Managements must deal with both company specific risk and market risk as they attempt to improve the profitability of their companies. Companies from the US copper industry are used as empirical examples. Deversification is a flexible but risky strategy. Specialization is a more restrictive strategy but it is less risky. The appropriate strategy to use depends on the particular situation of a company.     

A quantitative estimate of potential aluminium recovery from incineration bottom ashes

The recovery of ferrous and non ferrous metals from the bottom ashes is a common practice in the most part of Europe, both for the environmental advantages of their recycle and to avoid problems of swelling and expansion that metals can cause when bottom ashes are reused in concrete production or in road construction. This paper focuses on metal recovery from bottom ashes produced in Municipal Solid Waste (MSW) incinerators, with a particular focus on aluminium. A forecasting model was developed in order to evaluate the quantity of aluminium scraps recoverable from the bottom ashes. The model was applied to the Italian situation but its validity can be extended to other countries. Focusing on Italy, by applying conventional technologies for the separation of non-ferrous metals, the amount of aluminium potentially recoverable from bottom ashes is estimated in the range from 16,500 to 21,000 tonnes at the year 2015, and from 19,000 to 28,500 tonnes at 2020.     

再生有色金属产业西部转移问题探讨

电解铝西部转移是大势所趋,再生有色金属的西部转移是目前行业内探讨的热门话题。但西部并不具备大规模发展再生有色金属产业的条件和基础。西部再生有色金属产业更多的是依赖内生性的发展。     

The potential supply of energy minerals in Australia

Australia is a sparsely populated country that is well endowed with energy resources, and the size of coal, natural gas, and uranium reserves relative to domestic demand has given Australia the opportunity to become a major exporter of these fuels. This paper assesses Australian supply potential of these three fuels, together with crude oil, through to the early years of the next century. With the exception of crude oil, supply potential appears adequate to meet projected domestic and export demand. However, crude oil supplies are unlikely to meet domestic requirements, and to the shortfall may be considerable.     

The metal mining industry in Eastern Europe

The mining industry has been one of the backbones of the socialist countries of Eastern Europe, not only in economic, but also in political, terms. Three years after the beginning of economic reforms, the mining industry in all the Eastern European countries is facing dramatic changes. Most mines are mining ores below acceptable cut-off grades, and there is no hope of finding new, richer deposits. Downstream metallurgical industries will need to replace their former suppliers. In addition, the social contract that had been maintained under the socialist governments is about to be undone and a new form of internal organization must be found. The success of the economic reforms in Eastern Europe depends upon the capacity to develop new industrial relations: the large mining combinates will have to be transformed into competitive capitalist enterprises and the role of the state must be redefined. Prospects for this transformation vary greatly, from metal to metal and from country to country. Finally, restructuring in Eastern Europe will also affect European and world markets, both on the supply and demand sides. The integration of the Eastern European mining industries into the international mining community should be the medium-term goal of all the participants .     

An economic analysis of different types of formal and informal entrepreneurs, recovering urban solid waste in Bangalore (India)

The recycling sector in India, which consists of a comprehensive trade and production sector, is rather complex. Nevertheless, it creates important benefits for both the economy and the environment. In order to comprehend the system, a case study has been performed on the recycling sector (paper, plastic, glass and non-ferrous metal) in Bangalore (India), focussing on the market structure, the scale of operation, employment effects, constraints, and recent developments. It was found that this highly competitive and labour-intensive industry is largely dependent on cheap labour and the supply of solid waste from the local trade system. Its mostly informal nature results from the ‘unregisteredness’ of the materials. Consequently, government involvement is avoided as much as possible. With present growth rates, prospects of recycling in Bangalore are advancing. Yet, problems such as lack of supply and loss of quality emerge. Therefore, quality control and market conditions should be improved.     

What caused the slack demand for metals after 1974?

This paper explores the general reasons for the sudden decline in the growth of world metal demand which began after 1974 and continues to impact the metal industries. For all of the eight metals studied, except aluminium, the dominant cause of this atrophy in demand is the stagnation in total world economic growth, which has caused reduced demand for all goods and services. In addition, consumer preferences have shifted away from metal-intensive goods, further reducing the need for metals. However, materials substitutions and manufacturing technologies have continued to evolve towards lower use of metal in each product at much the same rate after 1974 as before. Therefore, these aspects do not explain the sudden shortfall after 1974 except in the case of aluminium which experienced a dramatic change during the energy crisis years.