An economic analysis of the stability of East-West mineral trade patterns |
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| Institution: | 1. Centre for Social Responsibility in Mining, Sustainable Minerals Institute, Sir James Foots Building (47a), The University of Queensland, St Lucia Campus, QLD, 4072, Australia;2. Centre for Development Support, University of the Free State, 205 Nelson Mandela Dr, Park West, Bloemfontein, 9301, South Africa;3. W.H.Bryan Mining & Geology Research Centre, Sustainable Minerals Institute, Sir James Foots Building (47a), The University of Queensland, St Lucia Campus, QLD, 4072, Australia;1. University Roma Tre, Italy and UNU-MERIT, The Netherlands;2. CENIT, Buenos Aires, Argentina;3. Universidad Adolfo Ibáñez, Santiago, Chile;1. Anglo American, 45 Main St, Johannesburg 2107, South Africa;2. School of Mining Engineering, University of the Witwatersrand, Private Bag 3, WITS 2050, Johannesburg, South Africa;1. School of Geography, Earth and Atmospheric Sciences, University of Melbourne, 221 Bouverie Street, Carlton, VIC, 3053, Australia;2. Environmental Engineering Group, School of Engineering, RMIT University, 124 La Trobe Street, Melbourne, VIC, 3000, Australia;3. Department of Geoscience, University of Nevada Las Vegas, 4505 Maryland Parkway, Las Vegas, NV, 89154-4010, USA;4. Mineral Systems Group, Geoscience Australia, Symonston ACT, Canberra, ACT, 2601, Australia |
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| Abstract: | This paper explains the nature and variability of East-West mineral trade patterns for manganese, chromite, phosphate and potash. This variability is assessed inherently as well as in relation to underlying causal factors. The impact of these factors is analysed in terms of their sources: domestic cost conditions, changes in economic activity, currency and dollar exchange requirements, trade controls, balanced payments needs, technological change and political goals. Results point to the importance of basic mineral needs in Eastern Europe and the rising costs of production relative to declining ore grades in the USSR. |
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