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The Metals & Alloys Blog is the place for conversation and discussion about ferrous and nonferrous metals, metalworking processes, and specialty alloys. Here, you'll find everything from application ideas, to news and industry trends, to hot topics and cutting edge innovations. This blog is inspired by the Metals & Alloys newsletter from GlobalSpec, which you can subscribe to here.

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Metal Shortage Myths

Posted September 15, 2007 6:06 AM by Sharkles

Canadian metals guru Brian Smith, director of the Metal Materials Division at Natural Resources Canada, says over the long term there shouldn't be any metals shortages. Higher prices, he adds, are short term until supply catches up with demand. "Minerals and metals are part of the periodic table, so they can be neither created nor destroyed. Recycling means that they will always be available to us, providing that we don't eliminate them by scattering them in places we can't reach." He adds whatever comes out of the ground can be recovered, and even landfills can be considered as storage for the future.

The preceding article is a "sneak peek" from Metals & Alloys, a newsletter from GlobalSpec. To stay up-to-date and informed on industry trends, products, and technologies, subscribe to Metals & Alloys today.


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Guru
Popular Science - Weaponology - Cardio-7

Join Date: Oct 2006
Posts: 569
Good Answers: 9
#1

Re: Metal Shortage Myths

09/17/2007 9:11 AM

When you say (and you're likely just quoting the opriginal author) "metals and minerals are part of the periodic (sic) table...they will always be available to us". So aren't Francium, Technetium, Lawrencium, etc part of the Periodic Table. Seen any for sale, or prices, lately?

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#2

Re: Metal Shortage Myths

09/25/2007 12:54 PM

If I grab up all of the aluminum of the world, then you would be experiencing a shortage of aluminum.

Commentator

Join Date: Sep 2006
Posts: 65
#3

Re: Metal Shortage Myths

09/25/2007 2:10 PM

It appears that metallurgists are like economists ! Get more than one and you get a lot more than one opinion. Reading all, I believe that there are likely to be shortages and that will stimulate recycling. But always at a price.

And when ? That is a fair question. Look at http://www.terradaily.com/reports/Yale_Study_Not_Enough_Metals_in_Earth_To_Meet_Global_Demand.html

This says the contrary.

Commentator

Join Date: Jul 2007
Location: florida
Posts: 73
#4

Re: Metal Shortage Myths

09/27/2007 12:27 PM

Supply and demand is the key to the price of any commodity. once a cartel is formed it is easy to regulate the price by cutting production. There is always a rogue supplier who might spoil this arrangement.

This does not seem to be a problem these days, as demonstrated by the oil companies.

If you want to make maximum profits, simply arrange to have one third of the worlds oil reserves confiscated. especially if that area was under the control of someone who was not liked.

Once we find a way of turning CO2 back into CO + H2, in order that it can be

re used, as fuel. everything will be fine.

GF

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Join Date: Jul 2007
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#5

Re: Metal Shortage Myths

10/12/2007 11:14 AM

I have been through a couple of shortages while working large scale construction (wafer fab).

Often it is a simple shortage. We are consuming at a rate equal to or greater than the mills can produce.

Then there is the one that really burns me; outsourcing. In my industry the quality of the metal/alloy is so important that it can adversely effect numerous areas of the factory for its lifetime. There were no DOMESTIC (or not enough) suppliers that had the quality methods and practices working that we required. As a result, an ordinary supply shortage further forces customers to accept substandard goods!

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