Originally published in 1984. This book addresses the economics of
the changing mineral industry, which is highly affected by energy
economics. The study estimates, in quantitative terms, the short-
to mid-term consequences of rising energy prices alongside falling
ore quality for the copper and aluminum industries. The effects of
changing cost factors on substitution between metals is assessed as
is the potential for relying on increased recycling. Copper and
aluminum industry problems should be representative of those faced
by the mineral processing sector as a whole. Two complex
econometric models presented here produce forecasts for the
industries and the book discusses and reviews other econometric
commodity models.
General
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