Economic and social determinants of global physical flows of critical metals

•The socio-economic drivers of global flows of critical metals were analyzed. A gravity model was applied to identify the drivers of the metal flows. •The critical metals examined were neodymium, cobalt, and platinum. •Per-capita GDP, population, and inter-regional distance affect global flows. •The...

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Bibliographic Details
Published in:	Resources policy Vol. 52; pp. 107 - 113
Main Authors:	Shigetomi, Yosuke, Nansai, Keisuke, Kagawa, Shigemi, Kondo, Yasushi, Tohno, Susumu
Format:	Journal Article
Language:	English
Published:	Kidlington Elsevier Ltd 01-06-2017 Elsevier Science Ltd
Subjects:	Adoption of innovations Clean energy Climate change Economics Energy Energy technology Environmental impact Geopolitics Global warming Metal industry Metals Prices Rare earth elements Recycling Regulation Social factors Socioeconomic factors Value Volatility
Online Access:	Get full text
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Summary:	•The socio-economic drivers of global flows of critical metals were analyzed. A gravity model was applied to identify the drivers of the metal flows. •The critical metals examined were neodymium, cobalt, and platinum. •Per-capita GDP, population, and inter-regional distance affect global flows. •The proposed method can potentially be used to project critical metal flows.
ISSN:	0301-4207 1873-7641
DOI:	10.1016/j.resourpol.2017.02.004