Overview

This book, which includes a quantitative demand forecasting model, is based on a study commissioned by the International Institute for Environment and Development (IIED) for the World Business Council for Sustainable Development (WBCSD) fills that need for the first time. Among the conclusions of the study are the following. The medium-term prospects for copper producers and copper consuming industries include (1) more intensive exploration into more remote regions, (2) utilization of lower grade ores resulting in more mine wastes and associated waste disposal problems, (3) more intensive mining efficient ore reduction processes, (4) dramatic price increases when the current glut works itself out, (5) significant changes in the patterns of consumption (increasingly electrical applications), (6) sharp increases in the need for recovering and recycling old scrap copper in the future, (7) a significant buildup of copper and by-products (especially arsenic) either in use or in the human environment. Similar implications can be drawn for two other scarce and toxic metals - lead and zinc - often found in geological association with copper.

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