In recent years there have been concerns expressed and many assessments made of the critical nature of the supply of certain mineral raw materials to national economies. Major risk factors have been identified including the concentration of production at company or national level, the political stability of producing countries, and sudden demand peaks. The essential role high tech materials are playing in the developed countries for innovative green tech applications is now well recognized.
In 2008 several commissions of the EU, USA and Japan amongst many others released reports on the role of strategic minerals in their economy. An increasing number of elements were assessed as “highly critical” such as indium, cobalt, niobium, tantalum, rare earth elements, lithium and the platinum group metals.
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