25 Apr 2013:
Metal Demand Could Increase
Nine-Fold as Developing Economies Grow
Global demand for metals could increase nine-fold in the coming years
as the world’s developing economies continue to grow, a trend that could have profound negative environmental impacts, a new UN report says. As populations in these countries continue to adopt modern technologies, and nations increasingly construct metal-intensive renewable energy projects, the need for raw metal materials will likely be three to nine times larger than the current global demand, said Achim Steiner
, executive director of the United Nations Environment Program (UNEP). While the current demand is typically met by mining for more metals, large-scale mining operations can have adverse environmental consequences, and the supply of some rare earth metals is running low. Saying that there is an urgent need for a more sophisticated approach to recycling the planet's increasingly sophisticated products, the UN suggested
that mining companies be enlisted to help sort out valuable metals when the products reach the end of their usefulness. “Recyclers increasingly seek the help and expertise of metal miners, who extract mineral ores often containing several metals and have developed ways and means of recovering the metals of interest via complex methods that are based on physical and chemical principles,” the report said.