Future demand and supply of mineral commodities and energy in a changing world
Achieving global carbon neutrality requires the construction of new infrastructures for the production, storage, transport and use of energy. These new infrastructures consume large quantities of base and rare metals, the availability of which is a cause for concern. In addition, the production of raw materials requires large quantities of energy. Raw materials and energy issues are therefore inextricably linked, and need to be addressed within a common framework. This framework should also address the demand for raw materials associated with growing global demand due to the rapid emergence of developing countries, increasing urbanization and the development of high technologies.
We will present and discuss the results of a dynamic model (DyMEMDS) linking expected metal demand for different GDP, population and energy scenarios with production capacity constrained by geological and technological parameters. The modeling results provide a better understanding of the coupling between reserves - mineral resource production - cost and price - energy and greenhouse gas emissions.