IDEAS home Printed from https://ideas.repec.org/a/spr/minecn/v36y2023i3d10.1007_s13563-022-00340-4.html
   My bibliography  Save this article

The security of critical mineral supply chains

Author

Listed:
  • Dou Shiquan

    (China University of Geosciences)

  • Xu Deyi

    (China University of Geosciences)

Abstract

Critical minerals are the cornerstone of the new round of the industrial revolution. The global division of labor established under the traditional technology, industry, and trade systems is facing a significant restructuring. Global economic and technological changes will lead to a long-term increase in demand for critical minerals. The critical minerals supply chain is rife with political interference and distorted trade practices compared to the robust resource demand. It faces several challenges that threaten the sustainability of the supply chain. We analyze the evolving security connotation of critical minerals supply chains. We also provide an overview of research on quantifying risks of critical minerals from two aspects: security evaluation mechanism and global value chain. The interdisciplinary research techniques and methods are more adapted to the new trends of international competition in critical minerals. The article reviews relevant security risk identification and response research in critical minerals supply chains. It analyzes how to address the risk challenges from national strategies. Finally, the article explores new trends under new technological revolution and industrial change.

Suggested Citation

  • Dou Shiquan & Xu Deyi, 2023. "The security of critical mineral supply chains," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 36(3), pages 401-412, September.
    • Handle: RePEc:spr:minecn:v:36:y:2023:i:3:d:10.1007_s13563-022-00340-4
    DOI: 10.1007/s13563-022-00340-4
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s13563-022-00340-4
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s13563-022-00340-4?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Saleem H. Ali & Damien Giurco & Nicholas Arndt & Edmund Nickless & Graham Brown & Alecos Demetriades & Ray Durrheim & Maria Amélia Enriquez & Judith Kinnaird & Anna Littleboy & Lawrence D. Meinert & R, 2017. "Mineral supply for sustainable development requires resource governance," Nature, Nature, vol. 543(7645), pages 367-372, March.
    2. Gulley, Andrew L. & McCullough, Erin A. & Shedd, Kim B., 2019. "China's domestic and foreign influence in the global cobalt supply chain," Resources Policy, Elsevier, vol. 62(C), pages 317-323.
    3. Anderson, David L., 1988. "Implications of the Canada-USA free trade agreement for the Canadian minerals industry," Resources Policy, Elsevier, vol. 14(2), pages 121-134, June.
    4. Turlough F. Guerin, 2020. "Perceptions of supplier impacts on sustainable development in the mining and minerals sector: a survey analysing opportunities and barriers from an Australian perspective," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 33(3), pages 375-388, October.
    5. Ballinger, Benjamin & Stringer, Martin & Schmeda-Lopez, Diego R. & Kefford, Benjamin & Parkinson, Brett & Greig, Chris & Smart, Simon, 2019. "The vulnerability of electric vehicle deployment to critical mineral supply," Applied Energy, Elsevier, vol. 255(C).
    6. Sam Pryke, 2017. "Explaining Resource Nationalism," Global Policy, London School of Economics and Political Science, vol. 8(4), pages 474-482, November.
    7. Koji Tokimatsu & Shinsuke Murakami & Tsuyoshi Adachi & Ryota Ii & Rieko Yasuoka & Masahiro Nishio, 2017. "Long-term demand and supply of non-ferrous mineral resources by a mineral balance model," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 30(3), pages 193-206, October.
    8. Erin McCullough & Nedal T. Nassar, 2017. "Assessment of critical minerals: updated application of an early-warning screening methodology," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 30(3), pages 257-272, October.
    9. Magdalene Kasyoka Wilson & Désiré J.-M. Vencatachellum, 2021. "Global Financial Markets, Natural Resources and Cross-Border Mergers and Acquisitions in Africa," Journal of African Business, Taylor & Francis Journals, vol. 22(1), pages 21-41, January.
    10. Ray, George F., 1984. "Mineral reserves : Projected lifetimes and security of supply," Resources Policy, Elsevier, vol. 10(2), pages 75-80, June.
    11. Saleem H. Ali & Damien Giurco & Nicholas Arndt & Edmund Nickless & Graham Brown & Alecos Demetriades & Ray Durrheim & Maria Amélia Enriquez & Judith Kinnaird & Anna Littleboy & Lawrence D. Meinert & R, 2017. "Correction: Corrigendum: Mineral supply for sustainable development requires resource governance," Nature, Nature, vol. 547(7662), pages 246-246, July.
    12. Samanthi Silva & Stefan Schaltegger, 2019. "Social assessment and management of conflict minerals: a systematic literature review," Sustainability Accounting, Management and Policy Journal, Emerald Group Publishing Limited, vol. 10(1), pages 157-182, January.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Liu, Wenjuan & Agusdinata, Datu B. & Eakin, Hallie & Romero, Hugo, 2022. "Sustainable minerals extraction for electric vehicles: A pilot study of consumers’ perceptions of impacts," Resources Policy, Elsevier, vol. 75(C).
    2. Zeng, Lanyan & Liu, Shi Qiang & Kozan, Erhan & Corry, Paul & Masoud, Mahmoud, 2021. "A comprehensive interdisciplinary review of mine supply chain management," Resources Policy, Elsevier, vol. 74(C).
    3. Liang, Yanan & Kleijn, René & van der Voet, Ester, 2023. "Increase in demand for critical materials under IEA Net-Zero emission by 2050 scenario," Applied Energy, Elsevier, vol. 346(C).
    4. Heijlen, Wouter & Franceschi, Guy & Duhayon, Chris & Van Nijen, Kris, 2021. "Assessing the adequacy of the global land-based mine development pipeline in the light of future high-demand scenarios: The case of the battery-metals nickel (Ni) and cobalt (Co)," Resources Policy, Elsevier, vol. 73(C).
    5. Daniel M. Franks & Julia Keenan & Degol Hailu, 2023. "Mineral security essential to achieving the Sustainable Development Goals," Nature Sustainability, Nature, vol. 6(1), pages 21-27, January.
    6. Endl, Andreas & Tost, Michael & Hitch, Michael & Moser, Peter & Feiel, Susanne, 2021. "Europe's mining innovation trends and their contribution to the sustainable development goals: Blind spots and strong points," Resources Policy, Elsevier, vol. 74(C).
    7. Rivera, Nilza & Guzmán, Juan Ignacio & Jara, José Joaquín & Lagos, Gustavo, 2021. "Evaluation of econometric models of secondary refined copper supply," Resources Policy, Elsevier, vol. 73(C).
    8. Song, Huiling & Wang, Chang & Lei, Xiaojie & Zhang, Hongwei, 2022. "Dynamic dependence between main-byproduct metals and the role of clean energy market," Energy Economics, Elsevier, vol. 108(C).
    9. Liang, Yanan & Kleijn, René & Tukker, Arnold & van der Voet, Ester, 2022. "Material requirements for low-carbon energy technologies: A quantitative review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 161(C).
    10. Guzmán, Juan Ignacio & Karpunina, Alina & Araya, Constanza & Faúndez, Patricio & Bocchetto, Marcela & Camacho, Rodolfo & Desormeaux, Daniela & Galaz, Juanita & Garcés, Ingrid & Kracht, Willy & Lagos, , 2023. "Chile: On the road to global sustainable mining," Resources Policy, Elsevier, vol. 83(C).
    11. Le Boulzec, Hugo & Delannoy, Louis & Andrieu, Baptiste & Verzier, François & Vidal, Olivier & Mathy, Sandrine, 2022. "Dynamic modeling of global fossil fuel infrastructure and materials needs: Overcoming a lack of available data," Applied Energy, Elsevier, vol. 326(C).
    12. Tomer Fishman & Rupert J. Myers & Orlando Rios & T.E. Graedel, 2018. "Implications of Emerging Vehicle Technologies on Rare Earth Supply and Demand in the United States," Resources, MDPI, vol. 7(1), pages 1-15, January.
    13. Dino, Giovanna Antonella & Cavallo, Alessandro & Faraudello, Alessandra & Piercarlo, Rossi & Mancini, Susanna, 2021. "Raw materials supply: Kaolin and quartz from ore deposits and recycling activities. The example of the Monte Bracco area (Piedmont, Northern Italy)," Resources Policy, Elsevier, vol. 74(C).
    14. János Szanyi & Ladislaus Rybach & Hawkar A. Abdulhaq, 2023. "Geothermal Energy and Its Potential for Critical Metal Extraction—A Review," Energies, MDPI, vol. 16(20), pages 1-28, October.
    15. Zhong, Qiumeng & Zhang, Zhihe & Wang, Heming & Zhang, Xu & Wang, Yao & Wang, Peng & Ma, Fengmei & Yue, Qiang & Du, Tao & Chen, Wei-Qiang & Liang, Sai, 2023. "Incorporating scarcity into footprints reveals diverse supply chain hotspots for global fossil fuel management," Applied Energy, Elsevier, vol. 349(C).
    16. Alessandro Cavallo & Giovanna Antonella Dino, 2022. "Extractive Waste as a Resource: Quartz, Feldspars, and Rare Earth Elements from Gneiss Quarries of the Verbano-Cusio-Ossola Province (Piedmont, Northern Italy)," Sustainability, MDPI, vol. 14(8), pages 1-15, April.
    17. Long Zhang & Wuliyasu Bai & Jing Yu & Linmao Ma & Jingzheng Ren & Weishi Zhang & Yuanzheng Cui, 2018. "Critical Mineral Security in China: An Evaluation Based on Hybrid MCDM Methods," Sustainability, MDPI, vol. 10(11), pages 1-21, November.
    18. Margarita N. Ignatyeva & Vera V. Yurak & Alexey V. Dushin & Irina G. Polyanskaya, 2021. "Assessing challenges and threats for balanced subsoil use," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(12), pages 17904-17922, December.
    19. Elisabeth Christen & Klaus S. Friesenbichler & Alexander Hudetz & Claudia Kettner-Marx & Ina Meyer & Franz Sinabell, 2021. "Außenhandel und nachhaltige Entwicklung in Österreich. Befunde auf der Grundlage von vorliegenden Quellen," WIFO Studies, WIFO, number 69290, April.
    20. Steven B. Young & Shannon Fernandes & Michael O. Wood, 2019. "Jumping the Chain: How Downstream Manufacturers Engage with Deep Suppliers of Conflict Minerals," Resources, MDPI, vol. 8(1), pages 1-24, January.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:minecn:v:36:y:2023:i:3:d:10.1007_s13563-022-00340-4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.