Authors :
Arbeena Zaki Khan
Volume/Issue :
Volume 8 - 2023, Issue 6 - June
Google Scholar :
https://bit.ly/3TmGbDi
Scribd :
https://tinyurl.com/m6kwfbb2
DOI :
https://doi.org/10.5281/zenodo.8163641
Abstract :
This research paper examines the current
perspectives on critical minerals, which play a vital role
in various industries including technology, energy,
defense, and manufacturing. Critical minerals are
characterized by their economic and strategic
importance, as well as their potential supply chain
vulnerabilities. The paper provides an overview of
commonly recognized critical minerals and their
applications, highlighting the growing demand driven by
technological advancements, clean energy transitions,
and defense requirements. It explores the challenges and
vulnerabilities associated with the supply chain of
critical minerals, such as geographic concentration and
environmental impacts. The study also examines policy
and regulatory approaches implemented by different
countries to secure critical mineral supply and discusses
innovative solutions including exploration of new
sources, recycling, and substitution. The economic and
market implications of critical minerals, including
supply disruptions and price volatility, are analyzed. The
research concludes with future outlook and
recommendations, emphasizing the need for diversifying
supply chains and implementing sustainable and
responsible management practices for critical minerals.
Overall, this paper provides valuable insights into the
current perspectives on critical minerals and their
implications for various industries and economies.
This research paper examines the current
perspectives on critical minerals, which play a vital role
in various industries including technology, energy,
defense, and manufacturing. Critical minerals are
characterized by their economic and strategic
importance, as well as their potential supply chain
vulnerabilities. The paper provides an overview of
commonly recognized critical minerals and their
applications, highlighting the growing demand driven by
technological advancements, clean energy transitions,
and defense requirements. It explores the challenges and
vulnerabilities associated with the supply chain of
critical minerals, such as geographic concentration and
environmental impacts. The study also examines policy
and regulatory approaches implemented by different
countries to secure critical mineral supply and discusses
innovative solutions including exploration of new
sources, recycling, and substitution. The economic and
market implications of critical minerals, including
supply disruptions and price volatility, are analyzed. The
research concludes with future outlook and
recommendations, emphasizing the need for diversifying
supply chains and implementing sustainable and
responsible management practices for critical minerals.
Overall, this paper provides valuable insights into the
current perspectives on critical minerals and their
implications for various industries and economies.