Assessing the criticality of minerals used in emerging technologies in China

Emerging technologies represent the direction of the new industrial revolution of promoting sustainable economic and social development, and strategic emerging industries have developed rapidly in China. The development of these emerging technology industries requires more mineral resources as raw materials, especially the need for specific minerals, has increased. The unsatisfied growing demand for minerals used in emerging technologies or an unexpected supply disruption in major producing
more » ... tries could have an impact on economic development. There are only several studies on the supply of mineral resources from the perspective of mineral resources needed by the development of China's emerging industries. To assess the criticality of the minerals needed by the strategic emerging industries in China, this paper adopts three indicators: import concentration, the volatility of prices and the application requirements by the Chinese 13th five-year plan dedicated to strategic emerging industries in 2016. Furthermore, 34 types of nonfuel minerals and mineral raw materials are separated into three categories. Finally, this paper indicates that the three indexes are all high for 8 minerals with supply risks, application in emerging technologies, and substantial market fluctuations which need the support of special policies. Two indexes of three Level-II indicators are high for 14 minerals which need different policy combination measures, and one index is high for 12 minerals which also needs attention, all of which were analyzed.
doi:10.24425/gsm.2020.132559 fatcat:ozycjkokcbc4jlsmivw354u45a