A case study of the availability of platinum group metals for electronics manufacturers

Platinum group metals, a key material group for electronics manufacturers, exhibit characteristics of a material with high scarcity risk based on Malthusian, Ricardian and structure metrics. This includes high potential future demand growth, high extraction costs and high market concentration of pri...

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Bibliographic Details
Main Authors: Alonso, E., Field, F.R., Kirchain, R.E.
Format: Conference Proceeding
Language:English
Subjects:
Availability
Cobalt
Consumer electronics
Costs
Inorganic materials
Manufacturing
material availability
material scarcity
Materials science and technology
Platinum
Recycling
Supply chains
supply risk
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Description
Summary:Platinum group metals, a key material group for electronics manufacturers, exhibit characteristics of a material with high scarcity risk based on Malthusian, Ricardian and structure metrics. This includes high potential future demand growth, high extraction costs and high market concentration of primary supply. The conditions that impact downstream firms are explored through the use of a dynamic material market model. In particular, the average spending over a period of time by downstream firms is proposed as a simple metric to compare the relative impacts of various scenarios on these firms. One scenario comparison showed that recycling could lower average spending as well as reduce price variance.
ISSN:1095-2020
2378-7260
DOI:10.1109/ISEE.2008.4562902