4. Concept map land availability ore grade (concentration of mineral) regulations resources needed (water, energy, labor, etc.) mining processing technology distance to market is determined by things like mining processing cost mineral resource if value exceeds mining cost, becomes too high, consumers or product makers soek substitute mineral product valuel price if low might increase when higher, will increase the when lower, will causes drop in mineral reserve use lowers is mined to increase when higher, lowers the when lower, increases the consumer demand decreases when used in desirable wilde mineral supply are developed to use technology products adds to about recycled/reused mineral about consumer opinions/ preferences if positive, will increase negative, will cause consumers will seek Based on the concept map, how (and why) should each of the following events affect either nickel (Ni) and/or lithium (Li) demand or supply and price? a. Large exports of scrap metal (containing nickel) from Russia: 1996-1998 [2] b. Improvements in PAL processing technology (used for nickel): 2000 [2] c. First plug-in electric vehicles (LEAF, Volt: these use Li-ion batteries): 2010 [2] Study the concept map, then d. Explain briefly what factors determine metal prices? [2] c. List some of external factors (not listed in the concept map) that could change metal demand, supply, and price. [2] 1. Are we on a sustainable path in term of the current consumption of metals? What would you recommend increasing longevity of this resource? Base your answer solely on the concept map. [2] 4. Concept map land availability ore grade (concentration of mineral) regulations resources needed (water, energy, labor, etc.) mining processing technology distance to market is determined by things like mining processing cost mineral resource if value exceeds mining cost, becomes too high, consumers or product makers soek substitute mineral product valuel price if low might increase when higher, will increase the when lower, will causes drop in mineral reserve use lowers is mined to increase when higher, lowers the when lower, increases the consumer demand decreases when used in desirable wilde mineral supply are developed to use technology products adds to about recycled/reused mineral about consumer opinions/ preferences if positive, will increase negative, will cause consumers will seek Based on the concept map, how (and why) should each of the following events affect either nickel (Ni) and/or lithium (Li) demand or supply and price? a. Large exports of scrap metal (containing nickel) from Russia: 1996-1998 [2] b. Improvements in PAL processing technology (used for nickel): 2000 [2] c. First plug-in electric vehicles (LEAF, Volt: these use Li-ion batteries): 2010 [2] Study the concept map, then d. Explain briefly what factors determine metal prices? [2] c. List some of external factors (not listed in the concept map) that could change metal demand, supply, and price. [2] 1. Are we on a sustainable path in term of the current consumption of metals? What would you recommend increasing longevity of this resource? Base your answer solely on the concept map. [2]
