A Closer Relationship with Our Metals

Abstract

The existence and availability of metals is taken for granted by most people. However, these perceptions will be challenged as global metal demand increases due to economic development, and supplies are threatened by dwindling geological reserves and shifting geopolitics. Alternative sources and methods of supply must be developed if we are to meet anticipated needs for metals, including those required for the transition to renewable energy systems. The ideal goal is a circular economy, where recycling and reuse of metal-containing products keep these resources available to the economy as long as possible. At the same time, innovation within the existing global metal supply system can provide new access to metal sources and opportunities for improved recovery of metals along the supply chain. The key is to open new points of entry into the metal supply system, identify and remove barriers, introduce necessary technologies, and organize more efficient business models. This includes the targeting of smaller-scale deposits and the more efficient recovery of metals from waste material at various points along the supply chain. If society were more engaged in such developments, metals could be more efficiently supplied with significant economic benefits to a larger number of individuals.