Mineral Resource Economics 1. Florian Fizaine

Mineral Resource Economics 1 - Florian Fizaine


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see that they relied only very partially on mineral resources, with the possible exception of the manufacture of tools such as flint or the bifaces inherited from their ancestors. History evolved radically with the passage of the Neolithic revolution. The three characteristics of this revolution – sedentarization, the production economy and the adoption of a new form of social organization – are still debated among researchers, particularly with regard to their simultaneity.

      However, this “new stone age” (also called Neolithic) was accompanied by a renewal in the consumption of materials because a sedentary lifestyle, agriculture and the development of denser settlements required more resources. The role played by polished stone (like axes) therefore intensified. Pottery, although pre-dating the Neolithic period, also served as a cornerstone for the development of trade. The surpluses generated by agriculture allowed for a first step towards the specialization of tasks and certain types of resources (tools and other rare resources) could then be distributed where they were lacking via a vast network of exchange controlled by the elites, producing an extension of the human frontier (Barbier 2011). Humans thus generated the first profound modification of their environment. Later, technical innovations based on the mastery of extraction and the isolation of new mineral resources marked history, through the Bronze Age (3000 BCE) and then the Iron Age (1200 BCE).

      Although the extraction of these mineral resources became more widespread and was, therefore, an integral part of the development of human civilizations, minerals remained a scarce resource. For example, the price of iron in the eponymous era varied at that time between eight times the price of gold and twice that of silver (Virolleaud 1953). In the 17th and 18th centuries, another revolution, that of industry, was born at the same time as the massive extraction of another mineral resource: coal. The civilizations of Europe then moved from agricultural and artisanal societies to industrial societies, and thus withdrew a little more from the rhythm imposed by the biosphere.

      Beyond the past, mineral resources also shape the present. If the climate crisis remains, at first glance, regularly associated with an increasing use of fossil resources (coal, gas and oil), a more seasoned analysis, like that of historian V. Smil (2013), shows that a great part of this energy is dedicated to the extraction, production and provision of material resources for the economy. Thus, according to his book, 20% of the world’s primary energy is used for the production of materials, including 13% for mineral resources alone (10% for metals and 3% for construction materials), which is roughly the size of the United States in the world’s primary energy consumption. This major role of mineral resources in energy consumption is closely related to their environmental impact in terms of greenhouse gases (GHGs), insofar as the energy used remains predominantly carbon-based (Mudd 2010; Northey et al. 2013). Our relationship with mineral resources is, therefore, not unrelated to the current climate crisis and other environmental issues. Indeed, the latest UNEP report (2019) indicates that the predominance of metals in the environmental impacts of natural resources. Thus, metals account for 18% of the impacts in terms of greenhouse gases related to resources and 39% of the effects of particles on health and the environment. Other non-metallic mineral materials, although representing the bulk of the mass and experiencing the strongest growth, generate less environmental stress on a global scale (less than 2% of total resources), though there are exceptions here again, particularly when looking at cases of local degradation. Most of the impact of this other important category of mineral resources today comes from their use in cement and fertilizer production.

      Mineral resources have played a major role in many periods of human history and will certainly continue to accompany it in its development. Made use of in the fight against global warming, the energy transition and the switch to renewable energies are, nevertheless, raising new questions in the scientific community. Indeed, increasingly important evidence seems to confirm the existence of a growing relationship between the consumption of mineral resources and the development of renewable energy.


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