Peak minerals: theoretical foundations and practical application

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Show simple item record May, Daniel en_US Prior, Timothy en_US Cordell, Dana en_US Giurco, Damien en_US
dc.contributor.editor en_US 2012-10-12T03:33:19Z 2012-10-12T03:33:19Z 2012 en_US
dc.identifier 2011002701 en_US
dc.identifier.citation May Daniel et al. 2012, 'Peak minerals: theoretical foundations and practical application', Springer, vol. 21, no. 1, pp. 43-60. en_US
dc.identifier.issn 1573-8981 en_US
dc.identifier.other C1 en_US
dc.description.abstract This article reviews the theoretical foundations for the concept of peak minerals; drawing on similarities and differences with peak oil as modelled using Hubbert style curves. Whilst several studies have applied peak modelling to selected minerals, discussion of the appropriateness of using Hubbert style curves in the minerals context remains largely unexplored. Our discussion focuses on a comparison between oil and minerals, on the key variables: rates of discovery, estimates of ultimately recoverable resources and demand and production trends. With respect to minerals, there are several obstacles which complicate the application of Hubbert style curves to the prediction of future mineral production, including the lack of accurate discovery data, the effect of uncertain reserve estimates, and varying ore quality and quantity. Another notable difference is that while oil is often combusted during use, minerals are used to make metals which are inherently recyclable. Notwithstanding, by using a range of estimates of resources and/or reserves, a period of time can be identified which indicates when a peak in minerals production may occur. This information may then be used to plan for a transition from using a potentially constrained resource, to using substitutes if available, or to reducing demand for that mineral in society. en_US
dc.language en_US
dc.publisher Springer en_US
dc.title Peak minerals: theoretical foundations and practical application en_US
dc.parent Natural Resources Research en_US
dc.journal.volume 21 en_US
dc.journal.number 1 en_US
dc.publocation Netherlands en_US
dc.identifier.startpage 43 en_US
dc.identifier.endpage 60 en_US DVCRch.Institute for Sustainable Futures en_US
dc.conference Verified OK en_US
dc.for 050200 en_US
dc.personcode 106570 en_US
dc.personcode 107171 en_US
dc.personcode 000915 en_US
dc.personcode 996446 en_US
dc.percentage 50 en_US Environmental Science and Management en_US
dc.classification.type FOR-08 en_US
dc.edition en_US
dc.custom en_US en_US
dc.location.activity en_US
dc.description.keywords economic, environmental, Hubbert, mining, minerals, peak oil, resource depletion, sustainable. en_US
dc.staffid en_US
dc.staffid 996446 en_US

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